"Multibillion-rial foreign projects have been proven to take more money out of the country than they put into it, and over the years, this action has created a sizeable imbalance in cash flow, which has limited Oman's economic growth.
On closer inspection, most foreign projects lean towards providing benefits to international investors rather than addressing local needs. Two decades ago, when the concept of encouraging smooth global trade was being championed by the World Trade Organization (WTO), Oman embraced it unreservedly and with good intentions. Since then, foreign investors have set up projects worth some OMR15 billion ($39 billion) in various forms.
How many nationals have been employed by these projects? According to statistics from different government agencies, they employ less than 10,000 Omanis. "
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