Muscat: Foreign direct investment (FDI) in the Sultanate of Oman reached OMR 22.96 billion by the end of the third quarter of 2023, according to provisional data published by the National Center for Statistics and Information (NCSI).
The oil and gas extraction sector received 76.9% of the total foreign investment, amounting to OMR 17.67 billion.
FDI in the processing industry sector reached OMR 1.4 billion by the end of the third quarter of 2023. Financial intermediation activities received FDI worth OMR 1.53 billion, while FDI in real estate, leasing and commercial activities amounted to OMR 1.03 billion. , according to NCSI data.
Additionally, FDI in various other sectors includes electricity and water (OMR466.3 million), transport, storage and communication (OMR361.9 million), trade (OMR216 million), and hotels and restaurants (OMR111.4 million). , Construction (OMR82). .1 million) and other activities (OMR78.9 million).
NCSI data further reveals that foreign direct investment from the UK amounted to OMR 11.52 billion, accounting for 50.1% of total foreign direct investment.
FDI from the United States was OMR 3.88 billion, United Arab Emirates OMR 1.27 billion, Kuwait OMR 922.3 million, and the Kingdom of Bahrain OMR 732.6 million. Foreign direct investment from the People's Democratic Republic of China amounted to OMR 594.5 million, Qatar 442.3 million OMR, Kingdom of the Netherlands 374.7 million OMR, Switzerland 288.3 million OMR, Republic of India 277.8 million OMR, etc. . 2.65 billion OMR in each country.
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