Back to national programs

Program file

Nazdaher

Nazdaher is the landing file for capital and exports. If Oman wants diversification to feel real, this program has to turn policy openness into project flow and export depth.

17% -> 25%

Private investment to GDP path

The 2040 target remains well ahead of the current official reading.

11.1%

FDI inflows as share of GDP

The latest official report shows a strong current reading.

OMR 30.1bn

FDI stock at end-2024

Up from OMR 25.5 billion in the prior year.

Target frame

What Oman is trying to do

  • Make Oman easier to underwrite as a long-horizon investment destination.
  • Strengthen export competitiveness and raise the complexity of what Oman sells abroad.
  • Use international cooperation to land productive projects rather than just formal agreements.

Current read

Where execution stands now

  • The official architecture is improving: Oman Future Fund, Invest Oman, Oman Exports Center, and sector-specific investment promotion are all active signals that the state wants more than passive capital inflows.
  • The score still needs to be kept with care. Big headline flows and memorandum volume do not automatically mean operating factories, export throughput, or durable private-sector capability.
  • Nazdaher works best when it is read together with governance and city development, because investor confidence is built as much by execution speed as by incentives.

Regional lens

How the UAE and Saudi files compare

UAE comparison

  • The UAE pairs trade, investment, and industrial policy more openly: AED 4 trillion foreign trade, AED 800 billion non-oil exports, and an industrial GDP target of AED 300 billion by 2031.
  • That is the regional reference for how explicit capital attraction and export ambition can look.

Saudi comparison

  • Saudi’s national investment and industrial platforms operate at much larger scale and are reinforced by Vision 2030 targets such as FDI share of GDP reaching 5.7 percent.
  • Oman’s case therefore has to be sharper on specialization, reliability, and delivery speed.

Related briefings

Keep reading this thread