It’s not surprising that the Sultanate Of Oman is the focus of attention to every investor looking forward to entering such markets full of investment opportunities based mainly on the Stability atmosphere and already experienced in the Sultanate with proven economic growth that is constantly indexed year after year, fully under the special planning and executed care by the Omani Authorities and the diligent strategical work to provide the best investment atmosphere, matching between the high economic policies of the government and investors at the same time, in a scientific balanced careful implementation of government policies. Still to consider the enactment and introduction of modern laws taking into high consideration and account the balance of Gold conservation of the federal economy and growth, as well taking into account the needs of each investor looking to invest in Oman with embedded policies to care and protect stakeholders interests matching with the interests of the general country economic aspects.
In a quick look over the Real Estate sector and market in the Sultanate, the Lebanese Businessman Mr. Ghais Makhlouf, the CEO of International Balance Group IBG, said this sector is an ever increasing pace.
The interest of the Omani Authorities in this regard was very clear on the ground. About 6.2 Billion Omani Riyals were set for the development project of Duqum, where a new city of 23 hectares and therefore, our entry into the Omani Market converges with the policies of the Omani Authorities in this particular area. But as a private sector, our entry will be through the construction of smart cities, merging and including the development of villas, housing, schools, universities, recreational parks, hospitals and gardens with modern international standards, but at the same time taking into account the culture and heritage of Oman’s original architecture.