Oman’s Ministry of Heritage and Tourism signs US$260M contracts to drive tourism growth with 36 new projects

This significant investment aligns with Oman Vision 2040, aiming to increase accommodation capacity, raise service standards, and support sustainable tourism growth.

OMAN – The Ministry of Heritage and Tourism (MHT) has signed 36 usufruct contracts with investors valued at RO100 million (approximately US$260 million) to develop diverse tourism projects across multiple governorates between January and September 2025.

This significant investment aligns with Oman Vision 2040, aiming to increase accommodation capacity, raise service standards, and support sustainable tourism growth.

Among the projects, four agreements in Muscat feature luxury camps in Qurayyat, along with a three-star resort and an integrated tourism complex in Bausher.

Dhofar has two contracts for a resort in Rakhyut and a new integrated tourism complex. In Dakhliyah, 10 projects include three-star and five-star hotels, resorts, and luxury camps located in Jabal Shams and Jabal Al Akhdar.

North Sharqiyah boasts 11 projects mainly in Bidiyah and Ibra, including luxury and standard camps, three-star resorts, and commercial tourism investments.

South Sharqiyah has three developments in Sur and Jalan Bani Bu Hassan, while Musandam plans an integrated tourism complex in Khasab. South Batinah and Al Buraimi also feature hotels, resorts, and luxury camps.

Oman’s tourism sector contributed RO2.7 billion (US$7 billion) to the national GDP in 2024, up from RO2.3 billion in 2018, highlighting its key role in economic diversification.

The sector generated RO2.12 billion (US$5.5 billion) in revenue the same year, driven by 3.8 million visitors, with hotel revenues rising 18% in the first half of 2025 alone.

Major attractions such as the Daymaniyat Islands, Arabian Oryx Sanctuary, Al Awabi Fort, Jabal Akhdar, and coastal eco-tourism destinations bolster tourism appeal.

The ministry emphasizes generating economic and social returns while enhancing job creation and integrating small and medium-sized enterprises in value chains.

These projects combined with rich natural heritage and cultural experiences promote Oman as a sustainable, vibrant destination in the Middle East, with continued investments poised to create long-term economic growth and memorable visitor experiences.

Oman boasts a rich array of major attractions that highlight its natural beauty, cultural heritage, and adventurous landscapes.

The iconic Sultan Qaboos Grand Mosque, with its stunning architecture, can accommodate thousands of worshippers and features one of the world’s largest chandeliers. Wadi Shab, a deep gorge filled with turquoise pools and waterfalls, offers visitors a perfect spot for adventure and relaxation.

The Royal Opera House Muscat is a testament to Oman’s evolving cultural scene, hosting world-class performances that draw crowds from around the world.

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