Investment Worth OMR 4.4 Billion to Create Jobs for Omanis and Expats in 2018

As believed by some experts, an investment worth OMR4.4 billion X should mean new construction industry jobs for both expats and Omanis in the form of a “trickle-down” effect.

Revealed by the Minister of Oil and Gas, during next year, the Oman’s government plans to invest a whopping OMR4.4 billion in various upstream and downstream oil and gas projects.

A major downstream project viz. the Duqm Refinery would be included as part of the investment in the oil and gas sector.The estimate of $6 billion would be the total investment for Duqm Refinery.

Finally, to boost the Oman’s economy and help kick-start construction projects are assumed to be the main aims behind this move as per the words of some experts.

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