Oman Vision 2040 serves as the national framework for economic and social planning from 2021 to 2040. It guides the country’s sectoral strategies and five-year development plans, shaping Oman’s path toward sustainable growth and progress.
Initially established under the wise leadership of His Majesty the late Sultan Qaboos Bin Said, the Vision is now being carried forward with commitment and renewed momentum by His Majesty Sultan Haitham Bin Tarik. Developed through extensive community participation, Oman Vision 2040 was officially approved by His Majesty Sultan Haitham Bin Tarik in 2020 and came into effect in January 2021. It will continue to guide the nation’s development journey through to 2040.
Deeply rooted and forward-looking, Oman Vision 2040 builds on the achievements realized in many fields over the past decades. It represents an integrated set of socio-economic policies that should be implemented as guidelines to reach the image desired for Oman by 2040.
As a precursor to reliable infrastructure, a modern legislative framework, and well-defined relations between economic actors, the economic achievements accomplished so far are the result of Omanis’ dedication, collaboration, and deep awareness of local, regional, and global dynamics. Today, the maturity and sophistication levels reached by Oman pave the way for a new beginning where challenges, society needs and ambitions are addressed with more confidence.
Today, as we look forward to the future of Oman, building on our past achievements, we recognize that our economy and society must no longer rely on non-renewable resources, but on innovation and knowledge, by investing in opportunities triggered by regional and international dynamics, and based on:
- The wise guidance of His Majesty Sultan Qaboos bin Said –May his soul rest in eternal peace–, domestically and vis-à-vis foreign relations;
- Omanis’ readiness in terms of identity, educational level and qualifications, and awareness of the necessity of the desired transformation;
- Investments made in infrastructure and logistics;
- The unique geographic location, climate conditions and natural resources available;
- The global network of balanced, reliable and open international relations;
- The legislative framework and foundations of good governance, currently under development;
- The clear aspirations, aligned policies and societal consensus regarding the way forward;
- The promising national talents in all areas.