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    Home » Oman Launches Eleventh Five-Year Plan for Sustainable Growth by 2030
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    Oman Launches Eleventh Five-Year Plan for Sustainable Growth by 2030

    Web DeskBy Web DeskApril 4, 2026No Comments2 Mins Read
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    Oman’s Ministry for Economy has released the Strategic Programs Volume for the Eleventh Five-Year Development Plan covering 2026 to 2030, marking a pivotal advancement in the nation’s long-term development strategy aligned with Oman Vision 2040. This comprehensive plan, ratified by Royal Decree No. 1/2026, encompasses 190 programs distributed across 12 national priorities, organized under four main pillars: People and Society, Economy and Development, Sustainable Environment, and Governance and Institutional Performance.

    The document offers detailed frameworks for each program, specifying objectives, timelines, implementation methods, and responsible bodies. It aims to enhance planning effectiveness and establish clear execution pathways, with all initiatives tied to measurable performance indicators to facilitate ongoing monitoring and evaluation.

    Dr. Nasser Rashid Al Maawali, Undersecretary of the Ministry of Economy, emphasized that the plan reflects Oman’s priorities during a crucial phase of its development. It is designed to tackle current challenges while capitalizing on emerging opportunities to improve competitiveness and promote sustainable growth. The plan was formulated through an inclusive participatory process involving government agencies, the private sector, and civil society, ensuring its goals are both practical and comprehensive.

    Notably, the strategy prioritizes high-impact sectors such as manufacturing, tourism, and the digital economy. It also underscores the significance of supporting industries like mining, food security, renewable energy, transport and logistics, alongside education and healthcare. A distinctive aspect of the plan is its spatial approach, which encourages balanced development across all governorates by leveraging local competitive advantages and reinforcing decentralization. This method aims to boost community involvement and promote a fairer distribution of development benefits.

    Implementation will occur in phases: the initial phase from 2026 to 2027 will include 118 programs, followed by 72 programs in the second phase spanning 2028 to 2029. The year 2030 will serve as a transitional period to prepare for the subsequent development cycle. The plan is structured around two primary tracks: an economic track focusing on diversification, innovation, and financial sustainability to reduce dependence on oil revenues, and a development track emphasizing infrastructure growth alongside balanced social and environmental advancement.

    In total, 52 programs fall under the People and Society pillar, 95 under Economy and Development, 21 under Sustainable Environment, and 22 under Governance and Institutional Performance. Building on the successes of previous plans, the Eleventh Five-Year Development Plan aims to deliver measurable economic and social outcomes, reinforcing Oman’s shift toward a diversified, sustainable, and knowledge-driven economy.

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