Report Published: "Construction in Oman - Key Trends and Opportunities to 2017"
The Omani construction industry posted a compound annual growth rate (CAGR) of 4.54% during the review period (2008-2012). This growth was supported by private and public investment in infrastructure, residential, commercial and institutional construction projects in an effort to diversify the country's economy and reduce its dependence on oil. Under the Eighth Five-Year Plan (2011-2015), the government is investing heavily in infrastructure construction to enhance transport around Oman. Consequently, the industry output is expected to post a CAGR of 10.38%....
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