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Oman targets $1.8bln investments in new tourism and heritage projects by 2025

Oman’s Ministry of Heritage and Tourism is targeting 700 million Omani riyals ($1.8 billion) of investments in new projects by 2025, state-owned Omani News Agency said in an Arabic language report.

The Ministry has already approved 363 projects worth OMR 2.29 billion ($6 billion) across the Sultanate for the period 2021 to 2025, the report said, quoting Minister of Heritage and Tourism Salem bin Mohammed Al Mahrouqi.

He said the heritage and tourism industry is one of the enabling sectors for achieving economic diversification and driving direct investments in the country.

Link: https://www.zawya.com/en/projects/construction/oman-targets-18bln-investments-in-new-tourism-and-heritage-projects-by-2025-kpqpdpkn

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