Oman's construction sector eyes growth on $120bln project pipeline through 2030 - Zawya

Oman's construction sector is set for substantial growth, fueled by an ambitious $120 billion project pipeline extending through 2030. This significant investment underscores Oman's strategic commitment to economic diversification and infrastructure enhancement, mirroring broader trends across the Gulf Cooperation Council (GCC). The pipeline encompasses a wide array of projects, likely spanning logistics, tourism, urban development, and renewable energy, crucial for reducing reliance on hydrocarbon revenues. For the GCC construction market, this represents a major boost, offering extensive opportunities for regional and international contractors, suppliers, and consultants. It signals a robust and expanding market, contributing to the overall dynamism and resilience of the Gulf's infrastructure landscape. This long-term vision provides stability and predictability, attracting sustained investment and fostering job creation within the sector, aligning with the region's ambitious national development plans.