Industry and tourism are the two pillars of Oman’s Vision 2020 programme for long-term sustainable development and the Sultanate is now fully exploring these avenues to move on the fast track into the growth super-highway. Going by statistics, some $31 billion has been invested recently in industry, tourism and real estate alone.

Oman’s ambitious Blue City project has taken a giant leap forward with the signing of a  $1.9 billion deal to launch the first phase of the  $20 billion scheme that aims to create a new city at a prime seaside location.

Construction work on some of the major components of the $1 billion The Wave project, including land reclamation and the golf course, is expected to start by the third quarter of this year, paving the way for the development of a major beachfront residential community of world-class, freehold homes and hospitality options.