Manufacturing for wellbeing sets a vision for the manufacturing sector. Program known as vision 2020, which involved gas sales to. The potential boost from the diversification investment spending would. Pdf the journey of oman with economic diversification. Vision 2020, a plan for oman s economic future up to the year 2020, was announced in 1995, and provides a roadmap for the achievement of the countrys economic and social goals over 25 years leading up to 2020. Adoption of the zanzibar declaration in 1992, that allowed government, political leaders and the people in general to participate in lawful economic and business activities. The capital, muscat, is a commercial centre and major port in the north, with traditional and modern architecture overlooking the gulf of oman. Oman vision 2020 was formulated to work as a guideline for the 5year plans of the. Oman 2040 vision national conference the national conference for the oman 2040 vision is one of the key stages and activities complementing the development of the. The vision for omans economy, its primary dimensions, the strategy of economic balance and sustainable growth and covers the challenges facing their achievement, in addition to the most important basis of. The vision aims as well to create favorable conditions for economic progress. Corneal transplant and collagen crosslinkage for keratoconus.
Specifically, we will be evaluating oman vision2020 and tanfeedth masterplan created by the. Manchester city rallied to a 21 victory at 10man real madrid on wednesday to restore personal and english pride. Calendars online and print friendly for any year and month. The private sector could assist national eye care services and contribute in policy making efforts within vision 2020 initiative of oman, in the following key areas.
Once a middleincome economy heavily dependent on depleting oil resources, the sultanate of oman has been actively pursuing a development plan focusing on diversification, industrialization and privatization, with the objective of reducing its reliance on the oil sectors contribution to gdp, currently at 48. Oman 9th fiveyear development plan and the strategic. The oman vision 2020 is a longterm plan that acts as a. Ministry of technology and communication portal mtc. Oman has become a soughtafter destination for investment, buoyed by its dynamic construction market that is expected to witness a 6% cagr between 2019 and 2024.
The most important factor on which the vision for the omans economy oman. Whilst omans key economic priority investment is still in the oil and gas sector, its main economic goals are set out in the longterm strategy, oman 2020. Economic and financial stability reshaping the role of government in the economy and broadening private sector. This is the second phase of a development project, the first phase having taken place between 1970 and 1995. Vision 2020 the omani economy had been on a steady transformation course through development plans, beginning with the first fiveyear plan 1976 1980. Be free and save up to 50% today on flights across oman, gcc and indian subcontinent. More recent information, however, has shown a shift in the causes.
Held under the patronage of his highness sayyid haitham bin tariq al said, minister of heritage and culture and chairman of oman vision 2040, the twoday event was hosted at the oman convention and exhibition centre and was a culmination of 7,000 events, 15,000 surveys and 22,00 participants. The 2020 budget represents the final year of the ninth five year development plan and also of oman vision 2020, paving the way for the tenth. The enactment of the private investments promotion and protection act in 1986. Oman 2020 evaluation of vision 2020 evaluation of the 8th plan 20112015 the 2020 vision paving the way for the future vision oman 2040 the 9th fiveyear plan 11 the 9th fiveyear development plan oman has succeeded in maintaining steady gdp growth in line with its 8th development plan targets. The oman vision 2020 enshrines the long term goals of oman which are and remained since. But oman is much more than the sum of its historical feats. Oman had a 2020 vision to diversify the economy established in 1995, which targeted a decrease in oils share to less than 10 percent of gdp by 2020, but it was rendered obsolete in 2011. Omans gift to the world, frankincense has played a vital and varied role in the nations development from ancient times to the present day. Oman 2020, with its main dimensions promulgated at the vision conference oman 2020 held in 1995, represent the first step in the sultanate march to build a vision through the second long term strategy 19962020 representing the work strategy of the second. At the instruction of his majesty sultan qaboos bin said, vision 2020, a plan for omans economic future up to the year 2020 was set, outlining the countrys economic and social goals over the next 25 years which includes. Oman 2020 vision pdf oman 2020 vision pdf oman 2020 vision pdf download.
At the instruction of his majesty sultan qaboos bin said, vision 2020, a plan for oman s economic future up to the year 2020 was set, outlining the countrys economic and social goals, which. Omans expat population could be throttled back by over 10 per cent by 2040, according. The royal directives of his majesty sultan qaboos bin said stipulate that the future vision oman 2040 will be thoroughly developed and precisely formulated in the light of wide community consensus and participation of the different social groups, so that the vision is fully integrated into the economic and social realities and objectively orientated towards the future foresight, as a key. There will be a onceoff spike in growth to 6% in 2020 as the government plans to significantly increase investment in the khazzan gas field. The longterm oman vision 2020 development plan and recent government reforms to appease the labour market highlight the need for diversification of the. The vision 2020 covering the period 19962020 contains strategic objectives encompassing various priority themes including the development of the manufacturing sector, tourism, infrastructure, the services sector, etc and human resource development. Nasir and aljabri 7 cited the oman policy document vision 2020, which stated that industrial diversification can achieve the development targets, which included the increase in the. Watch ceos, chairmen, investors, managers, ministers, government officials discuss oman vision 2020. Developing a plan to gradually reduce the free services and allowances provided for students.
It was a sincere attempt to face the present health issues in oman and address changes keeping in view of the long term perspective about four decades from now. Vision 2020, a plan for omans economic future up to the year 2020, was announced in 1995, and provides a roadmap for the achievement of the countrys economic and social goals over 25 years leading up to 2020. Box 173, post code 103, bareeq al shatti, muscat, sultanate of oman tel. These changes required the adaptation, integration, and rearrangement of many initiatives. Vision 2020 wants to reduce the oil sectors contribution to nine per cent by 2020, and raise the contribution made by the gas industry from 1. The recently concluded health vision 2050 conference was an honest introspection exercise initiated by the top level decision makers and policy planners in the health sector in oman. The scp secretarygeneral, who was speaking at a panel discussion on development planning and the future of omani economy held at squ, also said that oman had achieved 70 % of the 2020 vision goals despite some challenges, and that oman is. Oman 2020 vision deloitte middle east me pov issue 12. The future vision oman 2020 is an approach that guides the sultanate towards a sustainable and diversified economy.
The main working document of the vision 2020 initiative has been the global initiative for elimination of avoidable blindness 2, which outlines the strategic priorities and areas for activity that had been set before the launch of vision 2020. Chairman of the future vision oman 2040 main committee. The oman pavilion pays tribute to this precious resin, with its. Future vision oman 2040 vision oman 2020 evaluation of vision 2020 evaluation of the 8th plan 20112015 the 2020 vision paving the way for the future vision oman 2040 the 9th fiveyear plan 8 the 9th fiveyear development plan oman has succeeded in maintaining steady gdp growth in line with its 8th development plan targets. Oman observer comments off on sharapova, inspirational and a great fighter. Pdf we are going to investigate the importance of economic development in a regional scale and using oman. Sez and free zones fz, specifically al mazunah zone. Oman2020 this document is part of the source library for nrgis 2017 resource governance index, a comprehensive measure of the quality of natural resource governance in 81 oil, gas and mineralrich countries. The natural resource governance institute nrgi helps people to realize the benefits of their countries endowments of oil, gas and minerals. Launch of the national transformation program updating the programs 20182020 delivery plan in line with the launch of new vision 2030 vrps. It aims primarily to ensure that the per capita income remains at its 1995 level as a minimum while pursuing to double it in real terms by 2020.
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