Objectives

The aim of privatization policy of the Sultanate of Oman is to achieve several objectives including :

1.diversification of the sources of national income and to enlarge the production base.
2.Enable the private sector to participate in developing the national economy.
3.Activate market forces and competition.
4. Increase efficiency in the deployment of resources.
5.Reduce the financial and administrative burden on the general budget enabling the government to finance strategic investments in the fields of basic services which are not commercially attractive for the private sector to invest in.
6.Development and enforcement of the capital market.
7.Inreased opportunities of employing Omanis in the private sector.
8.Encouragement of foreign direct investments and attracting technical and managerial expertise and modern technology.