The government aims to reach the value of projects related to partnership programmes to around RO 2.5 billion at the end of the Ninth Five-Year Plan, in addition to that the Public Authority for Privatisation and Partnership is currently studying more than 20 other initiatives for partnership projects in preparation for submission to the private sector in the near future.
This was stated by Darwish bin Ismaeel al Balushi, Minister Responsible for Financial Affairs, during the Oman Public-Private Partnership (PPP) Forum, which began on Monday at the Oman Convention and Exhibition Centre.
The two-day forum is organised by the Secretariat General of the Supreme Council for Planning, and aims to exchange knowledge and experiences in the concept and principles of partnership in general and review some development projects available for investment and implementation in this field.
The forum is a practical reflection of directives of His Majesty Sultan Qaboos to support and enhance the role of the private sector in development efforts as a key partner in economic development process.
Source: Ministry of Information Sultanate of Oman