Vision2040
Strategy & Impact
Oman's comprehensive transformation strategy balancing economic diversification, environmental sustainability, and social development to build a competitive, resilient economy for the future.
Proven Impact
Concrete achievements demonstrating Vision 2040's effectiveness in transforming Oman's economy and society.
Omanisation Rate
OIA achievement with 1,393 new jobs created in 2024
EPI Ranking Jump
Fastest global riser in Environmental Performance Index
FDI Stock
More than doubled since 2018 (USD 78B)
Budget Surplus 2024
Achieved against planned deficit
Four Strategic
Pillars
Comprehensive approach addressing all aspects of national development through four interconnected pillars, ensuring sustainable and inclusive transformation.
People & Society
Human Capital Development
Literacy Rate
Developing human capital with comprehensive skill development programs and social advancement initiatives
Key Achievements
Economy & Growth
Diversification Strategy
Target Growth
Building a diversified economy through manufacturing growth, green energy leadership, and innovation
Key Achievements
Governance Excellence
Business Environment
Credit Rating
Streamlined regulatory framework with digital services and investment facilitation platforms
Key Achievements
Green Future
Environmental Leadership
Net-Zero Target
Global sustainability leadership with comprehensive environmental protection and green energy
Key Achievements
Concrete Targets
Vision 2040 sets ambitious but achievable targets backed by detailed development plans and sector-specific implementation strategies.
Manufacturing Excellence
Triple manufacturing output with focus on value-added processing
Current Status
OMR 4.1B
Target by 2040
OMR 11-12B
Implementation Status
On track with comprehensive development plans and sector-specific strategies in place.
Green Energy Leadership
Global leadership in green hydrogen and renewable energy
Current Status
20% renewable
Target by 2040
35% renewable
Implementation Status
On track with comprehensive development plans and sector-specific strategies in place.
Tourism Development
Sustainable tourism creating 535,000 jobs nationwide
Current Status
Growing sector
Target by 2040
5-10% GDP
Implementation Status
On track with comprehensive development plans and sector-specific strategies in place.
Transformation Areas
Strategic focus areas driving Oman's comprehensive transformation across economic, social, and environmental dimensions.
Economic Diversification
Reducing dependence on oil through strategic sector development
Key Achievements
Human Development
Investing in education, skills, and social development programs
Key Achievements
Environmental Stewardship
Leading global sustainability efforts and green transition
Key Achievements
Innovation & Technology
Building knowledge economy and digital transformation