Oman PPP to maintain construction sector growing
Date
8/23/2016 4:58:23 AM
(MENAFN) Oman aims at promoting public private partnerships (PPP) in infrastructure projects in order to bring the needed growth in the Sultanate building industry.
Accordingly, it is expected that the Sultanate sector will see real growth in value of 3.4 percent this year to reach RO2.21bn.
Additionally, the growth in the sector will come from investment in transport infrastructure projects and the government pushes for PPPs.
Moreover, the Sultanate is freeing up the investment side to permit private sector involvement in transport and logistics to enhance competition.
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