Tuesday, 21 Mar 2023
Renaissance Day: Oman looks at 2040 vision to march ahead

Renaissance Day: Oman looks at 2040 vision to march ahead

This will aid in preparation for the ‘Oman 2040’ vision which will start in 2021, coinciding with the tenth 5-year improvement strategy (2021-25).
This year ‘The National Conference for the Future Vision (Oman 2040)’ was held on January 27 and 28 with the participation of different sectors of the Omani society, specifically the youth. It was organised to prepare the Oman 2040 vision as per the Royal Order of His Majesty Sultan Qaboos bin Said.

In his message on the occasion of Renaissance Day, H E Sheikh Khalid bin Omar bin Saeed al Marhoon, Minister of Civil Service, mentioned the day represents a national and historical occasion. “Oman is a modern state  open to everything that is useful while preserving its heritage, history and ancient traditions. “Oman is in a prestigious position that is commensurate with the country’s heritage, culture and ancient history.”


H E Sheikh Khalid bin Omar bin Saeed al Marhoon


He added that the progress accomplished by the nation in this glorious era has enabled it to be at the forefront with the created nations. “In a record time, Oman was among the countries that kept pace with technological and scientific development. It is moving steadily towards such progress in excellence.”

In a bid to develop a appropriate atmosphere for the Omani economy and attract much more investments as element of the vision (Oman 2040), efforts are getting exerted to highlight the great investment climate, especially in the Special Economic Zone in Duqm and the different totally free zones.

On the occasion of the 49th
Renaissance Day, H E Yahya bin Saeed al Jabri, Chairman of the Board of Directors of Special Economic Zone Authority in Duqm, praised the achievements of sultanate’s distinct regions. “The achievements of the modern Renaissance is a sign of the country’s growth and development over the past 49 years,” he mentioned.

H E Jabri mentioned that the volume of investments attracted to Duqm till 2018-finish amounted to about US$14.2bn, stressing its significance at the international level as a main investment location.

H E Yahya bin Saeed al Jabri


“There are investments in Duqm including those from the sultanate, the GCC countries and a number of European and Asian countries. Altogether, 21 countries have invested in Duqm.”

Several choices have been taken to offer an integrated and appealing Omani legislative atmosphere that will attract investments to increase the competitiveness of the Omani economy and give a higher part to the private sector in terms of absorbing much more job seekers and diversifying the Omani economy according to the objectives of the Oman 2040 vision.

While the military and safety solutions obtain the Royal interest and interest of His Majesty the Sultan, the Supreme Commander, stemming from his belief that safety and security of the homeland and the citizen are an important pillar for attaining improvement and prosperity.

The sultanate enjoys security, safety and stability, as effectively as improvement and prosperity as a outcome of His Majesty the Sultan’s far-sighted policies at the internal, GCC, regional and international levels. Stemming from the suggestions laid down by His Majesty the Sultan, the sultanate’s foreign policy is primarily based on the principle of non-interference in other countries’ affairs.

Information Source: Muscat Daily

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