Oman’s economy is highly oil-dependent and, despite an economic diversification plan that has been underway for several years, the impact of low oil prices and COVID-19 present significant financial risk for the country. Oman has been actively pursuing a development plan focused on diversification, industrialization and privatization, with a focus on gas-based industries and tourism. Overall, Oman remains an important market for pursuing business in the Gulf region and continues to offer growth opportunities for Canadian exporters.
- Environmental Infrastructure & Waste Water
- Forestry (Lumber, Pulp & Paper)
- Machinery - Packaging, Industrial & Analytical Instruments
- Mining & Metals
- Oil and Gas
- Transportation Services