Oman Construction

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Chapter | Construction from The Report: Oman 2014

Upgrades to the transportation infrastructure continue to drive sector expansion. Between 2011 and 2015, the government plans to invest some $10.7bn on infrastructure projects alone, with state spending on affordable housing also set to provide opportunities for contractors. Sector growth was expected to reach 5.5% in 2013, bringing total industry value to $4.3bn. This chapter contains an...
A programme by the Omani government to pour billions into infrastructure to help support long-term economic diversification is benefiting the Sultanate’s construction sector, which will likely see its order books filled for years to come.
A number of new projects, concentrated on bolstering Oman’s infrastructure backbone, are currently filling the order books of domestic construction firms. However, some industry insiders have warned new regulations and a rising wages bill could see profit margins eroded even as activity increases.

A range of construction projects lie at the heart of Oman’s growing economic development. From infrastructure to housing and from tourism to health care, contractors and construction firms are playing a major role in facilitating economic growth in the sultanate. Much of the expansion is driven by a desire to convert Muscat into a more appealing...

The large number of ongoing or expected construction projects in Oman is positively impacting a range of industries and sectors throughout the country’s economy. The cement segment is no exception to this trend. After experiencing a period of lower prices during 2011, the industry is expected to grow steadily over the coming three to four years.

As Oman’s construction sector grows, the types of building projects under way are becoming more diversified. One of the most significant trends is the increase of mixed-use developments. In terms of housing, mixed-used developments are becoming more popular among Omanis – who typically prefer villas – because of the improved quality of the...

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