Tuesday 2 October 2012

Spending to hit $78bn | Oman Observer

Deliberations of Second Infra Oman Exhibition organised by Al Nimr Expo began at Oman International Exhibitions Centre yesterday under the auspices of Dr Rasheed bin al Safi al Huraibi, Chairman of the Tender Board. The expo shed light on the Sultanate’s Five-Year Plan (2011-2015) with continuous growth in infrastructure investments, more development projects are set to be implemented in the coming years in light of the Sultanate’s policy to take concrete measures to diversify the economy. The new plan foresees $78 billion expenditure, representing a rise of 113 per cent compared to the last five-year plan.

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