Oman finalises five projects for PPP implementation

  • Date: 02-Mar-2021
  • Source: Zawya
  • Sector:Real Estate
  • Country:Oman
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Oman finalises five projects for PPP implementation

New seaport developments, school buildings and dialysis centres are among five sets of initiatives being studied by the Omani government for eventual procurement via the Public Private Partnership (PPP) route.According to the Ministry of Finance, the five sets of initiatives are among a total of 50 projects planned for implementation under the PPP model.Shortlisted for early implementation are two seaport developments — one in Musandam Governorate and the other in South Al Batinah Governorate, the ministry noted in the latest edition of its monthly bulletin, titled ‘Fiscal Performance'. In Musandam Governorate, land around Liwa Port is proposed to be offered for private investment and development on a PPP basis.An existing port facility built by the government will also be maintained under the PPP arrangement. In South Al Batinah, private investment has been sought in the development of land around Musannah harbour into a multipurpose seaport, the ministry said.In the education services sector, a number of school buildings are also envisaged for development on a PPP basis, according to the ministry.“The first phase of the school-building project aims at developing the educational infrastructure to meet the increasing demand for schools in various governorates. The expertise of the private sector can be