Oman Investment Authority offers $3.8bln in investment opportunities

Oman Investment Authority offers $3.8bln in investment opportunities

Muscat – Oman Investment Authority (OIA) has announced 36 investment opportunities worth RO1.5bn available in the Invest Oman Lounge covering various sectors.

The announcement is fruition of government directives to boost investments via the Invest Oman Lounge and to help resolve challenges.

In an interview in OIA’s newsletter Injaz & Ijaz published in the first quarter of 2023, Hisham Ahmed al Sheedi, Director General of Economic Diversification at OIA, said that these investment opportunities will ensure better alignment and synergy between the authority and other government and private entities. He noted that the opportunities are distributed across several key investment sectors, including technology, utilities (electricity), tourism, fisheries, food security, mining and health.

Sheedi pointed out that the investments on offer are just an initial list that is likely to increase based on current and future viability studies. “Whenever OIA or one of its companies identifies an available investment opportunity, it will be presented directly to investors at the lounge.”

He said that specialists in the lounge will explain investment opportunities to the investor as a first step. If the opportunity appeals to them, the specialists will connect the investor with the OIA team to take the necessary steps, including a discussion with the investor,