Investment framework and opportunities in Oman

Procedures Relative to Foreign Investment

Obligation to Declare: Applications for foreign investment licence must be addressed to the Foreign Capital Investment Committee within the Ministry of Commerce and Industry. The Committee gives its opinions on the identification of the investment fields and the extent to which the project can be considered as one of the economic development projects while also giving priority to projects that use local products and raw materials, and attract internationally reputed industries. The Minister has the final say on the granting of licence.
Competent Organisation For the Declaration: Invest Easy (One Stop Shop)
Requests For Specific Authorisations: Public authorities reserve the right to inspect compliance of foreign investment projects with environment, health and other standards at any stage of operation.
70%-foreign ownership rule does not apply to investments in the electricity and water sector where 100% foreign ownership is allowed.
The Omani government can exceptionally extend foreign ownership rights of a company upon recommendation of the Minister of Commerce and Investment stating that the proposed investment activity is crucial and critical to the economic development of and to the national interests of Oman.

Investment Aid Agency: Ithraa - Public Authority for Investment Promotion & Export Development
Tenders, Projects and Public Procurement: Electronic Tender Board, Tender Board of the Sultanate of Oman
Tenders Info, Tenders in Oman
Oman Projects, Tenders, projects, enquiries and business deals from the Sultanate of Oman
Other Useful Resources: Invest Easy Initiative
Oman Investment Corporation
Investor's Guide (Oman Chamber of Commerce and Industry)

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