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Oman Targets Mining Sector for Growth

Oman is targeting its mining sector for growth

Released Thursday, May 04, 2023

Oman Targets Mining Sector for Growth

Researched by Industrial Info Resources (Sugar Land, Texas)--Oman's mining sector has received a great deal of attention in line with the government's Vision 2030 program, which aims to increase the sector's contribution to the country's gross domestic product (GDP) to US$779.9 million by 2030.

Mining has been earmarked as one of five priority industry sectors for development in Oman to diversify away from its economic dependency on oil and natural gas.

Industrial Info is tracking 56 active mining sector projects in Oman, with a total value of US$8.34 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of project reports.

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Click on the image at right for a graph showing Oman's mining investments by project type.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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