Oman Infrastructure Report Q1 2014 - New Market Report
After slow growth at 1.8% in 2012, we believe Oman's construction industry picked up in 2013 with more moderate growth at 2.2%. However, we are more optimistic over the medium-to-long term where we forecast average annual growth at 5.1% between 2014 and 2023. The country has an impressive pipeline of projects, particularly in the transport infrastructure sector, that will boost strong industry growth from 2014 onwards. This is supported by the government's US$78bn five-year (2011-2015) spending plan and investment associated...
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