In recent years Oman has been the best option for setting up the Business Opportunities in Oman The government of Oman is offering the best options for the investors who do want to invest in the country. The vision 2040 of Oman making it for all investors to invest in the Sultanate and get the benefit of the exclusive offers. To set up the Business in Oman is an added advantage because of the location. The Sultanate of Oman touches the Arabian Sea, Gulf of Oman, Arabian Gulf and the strait of Hormuz. Therefore, the country is located on the global business hub and around 60% global oil trade is initiated through this area. The country is an emerging market as it is welcoming more foreigners than previous years because of the vision of the king of Oman.
The Recent Initiatives of the Government for Investment To Boost Investment
In Oman, the government is busy making the process smoother, secure and even more transparent. This is a good option for all those investors who are investing for the first time in their life. The initiatives taken are quite clear as a benefit for the business community.
Oman Business Forum
Oman business forum is an initiative taken by the public and private individuals to take care of the business interests of the business community and also to create more opportunities for the investors to invest in the country. Basically the forum exists to share the business opportunities in Oman, knowledge sharing, collaborative partnerships and value added networking as well.
Vision 2040 Business Opportunities in Oman
This is the visi0on of the Sultan of Oman to provide more opportunities for the expats to come and settle in the country. It is an estimate that more than 5 million people will settle in the country in the next few years. Under this vision many lucrative projects are underway to make Oman a lively place for the foreigners.
Export of Non-Oil Products
The government is focusing much on the fact to emphasize more on the non-oil products in the country. The efforts are being made to increase the exports of non-oil products like technology, industrial products and services as well.
6 Business Ideas to Settle in Oman
Technology-Based Company
As mentioned earlier, the country is relying more on non-oil exports therefore the technology company is an ideal option. One can invest in a digital marketing company, software company, graphic designing company and a games development company. The country is looking to see a handsome increase in her software exports.
Event Management Company and Celebrity Management Company
An event management company is a good option to invest in the country because there is always a demand for such a company in the market. This is because many businesses are growing nowadays and they do prefer to showcase their services to the people through certain events to grab more business in Oman. Moreover, many celebrities visit the country to see its magnificent beauty. Thus celebrity management is a business that can give a bulky profit.
Travel and Tourism Business
Oman is known for its rich culture and a diverse landscape. The country has some of the most beautiful beaches in the region and therefore it attracts more tourists nowadays. The people are attracted to the beauty of the country and the cost of living is low as compared to other countries in the GCC. This shows that travel and tourism is the hottest industry in the country. This is giving more profit to the people.
Restaurant Business
This business is the main attraction for the investors because anyone who is coming here needs food to survive. People from different cultures who are coming here prefer to eat the food of their culture because everyone’s taste buds prefer the food of their motherland. Restaurants are therefore a more attractive option for all.
Facility Maintenance Company
A facility maintenance company is the option that helps in the cleanliness of the offices, electrical works, electronics tasks, plumbing tasks and other related stuff. Such companies are in a great demand in the country.
Commodity Store
Such stores are in great demand because the country is known for exports and imports. If investors import the products at a cheaper price and store them for a limited time. These products can give a higher profit.
All in all, Oman is an emerging economy with lots of options to invest in the country. The beauty of the country is that the leadership of the country is visionary and people are helpful. This makes a great option for all to invest in the country. Moreover, the vision 2040 makes the country a lucrative place to live and work.
