05-05-2016, 04:08 PM
The Ministry of Tourism, Oman, has claimed that up to US $ 35 billion will be invested in the tourism industry of the Sultanate over 25 years.
The authority predicts up to 80% of that investment will come from the private sector as the country plans to double the number of international visitors to five million as part of its new national 2040 Tourism Strategy.
Tourism officials, led by director general of tourism promotion Salim Al Mamari, conducted a number of business and trade meetings during ATM in Dubai last month.
Al Mamari said: “We have enjoyed a hugely successful Arabian Travel Market and have found unprecedented levels of interest from the tourism industry in seeking new partnerships and initiatives with the Ministry.”
“There is also an encouraging trend of tourism companies, specifically online portals now actively looking to invest in new projects and initiatives across the Sultanate who are clearly very excited about the opportunities for growth and prosperity the sector offers in Oman."
The authority predicts up to 80% of that investment will come from the private sector as the country plans to double the number of international visitors to five million as part of its new national 2040 Tourism Strategy.
Tourism officials, led by director general of tourism promotion Salim Al Mamari, conducted a number of business and trade meetings during ATM in Dubai last month.
Al Mamari said: “We have enjoyed a hugely successful Arabian Travel Market and have found unprecedented levels of interest from the tourism industry in seeking new partnerships and initiatives with the Ministry.”
“There is also an encouraging trend of tourism companies, specifically online portals now actively looking to invest in new projects and initiatives across the Sultanate who are clearly very excited about the opportunities for growth and prosperity the sector offers in Oman."