APRIL 12, 2023
Oman invests $5.4bn in tourism projects
The Oman Ministry of Heritage and Tourism (MHT) has revealed a $5.4bn investment in tourism projects from 2021 to 2025.
The projects include 12 integrated tourism complexes, 24 projects of domestic tourism development, and 124 hotel establishments.
Minister of Heritage and Tourism Salem bin Mohammed Al Mahrouqi stated that tourism and heritage is a key sector that enables economic diversification and drives direct investment.
Integrated tourism complexes represent the highest investment volume in projects including The Wave, Barr Al Jissah Resort, Blue City, Yiti Integrated Tourism Development, Jabal Sifah and Salalah Beach Resort.
The country has over 127 new hotels under development including 14 three-to-five star projects.
The development in the tourist sector is in line with the Oman Vision 2040.
Earlier this month, it was announced that Muscat International Airport welcomed over 1 million visitors in January following a surge in travel rates across both international and domestic sectors.
According to the Oman National Centre for Statistics and Information (NCSI), there was a 143 percent increase in flights, including international and domestic as well as outbound and inbound, with 1,051,930 passengers passing through Muscat International Airport in January 2023.
This number is comparable to the pre-pandemic figures from January 2020, which recorded a similar number of passengers at 1.43 million. The most travelled nationality through the airport were Indians, followed by Bangladeshis and Pakistanis.