21 Hrs
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الوطن
Watan's View: Govs Drive Economic Diversification
The article focuses on the role of Omani governorates in diversifying the national economy and promoting sustainable growth, with particular emphasis on Musandam and Dhofar as clear examples of development opportunities. It explains that Musandam features a strategic location, marine resources, and a natural environment suitable for sustainable tourism and marine industries, having achieved a growth rate of 7.6% in agriculture, fishing, and fisheries sectors. There are approximately 3,000 active economic licenses in the region. Meanwhile, Dhofar offers investment opportunities estimated at around 1.95 billion Omani riyals, centered on urban development, eco-tourism, and the green economy, with major projects such as the Khasab Port and the future city of Salalah. The article emphasizes the necessity of creating an integrated investment environment, improving infrastructure and legislation, to activate these opportunities and transform them into productive projects that provide employment, promote environmental and marine resource sustainability, and enhance the national economy’s ability to face challenges. This reflects the goal of economic diversification across various governorates.
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