Doing Business in Oman

H.E Khalil Abdullah Mohammed Al Khonji

Chairman - Oman Chamber of Commerce and Industry

Oman has made great headway and has witnessed tremendous economic growth, stability

and prosperity under the wise and enlightened leadership of His Majesty Sultan Qaboos Bin

Said.

Oman is ranked 57 out of 181 economies in the ‘Ease of Doing Business’ rankings 2009 by the

World Bank.

The country has modern infrastructure, growing industrial base and a stable government.

The market-oriented policies and private sector development initiatives of the government

adds to the country’s competitive advantage. Improved investment climate and domestic

demand together with sound economic policies has ensured consistent growth in Oman’s

Gross Domestic Product (GDP).

The government’s strategy of diversifying and liberalizing the economy is reliant on attracting

foreign direct investments into the country; the government therefore offers several

attractive incentives and advantages to foreign investors to make the investment climate

conducive and investor-friendly.

Oman Chamber of Commerce and Industry pays high attention towards commercial and

economical works and makes strong efforts to bridge the gap between the public and private

sectors.

The private sector contributes much in supporting the current and future directions and

inclinations of the government. Thus, a remarkable increase was seen in the contributions of

the sector in the fields of investment, recruiting and training national workforce, supporting

the utilization of modern technology and other fields of priorities in the developmental plans

and programs of the country.

In this context, the book by Morison Muscat “Doing Business in Oman” is timely and

significant and is expected to be beneficial and a valuable source of information to companies

and individuals looking to invest in the Sultanate of Oman.

I wish Morison Muscat and the Book all the best and success.