Oman expecting USD50bn in tourism investment by 2040

28 May, 2018

Omran, the Oman Government's tourism investment arm, said it expects the country to generate USD50 billion in tourism investment by 2040 (Trade Arabia, 28-May-2018). Omran CEO Peter Walichnowsk said: "In terms of visitations, the target is to get 11.5 million people here by 2040, including five million international visitors, while the others are part of the national movement of tourists within the country". He said for tourism infrastructure, the "focus is on airport construction... However, in hotel infrastructure there is far more work to be done".