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Jafari and Scholz (2017) proposed in their
journal that the Municipality has adopted lots of ventures to develop the
governorate infrastructure, renovated, as well as extended its services at
various public facilities. In addition to this, the Muscat Municipality also
implemented an international standard of road construction, as well as LED
lights application. Furthermore, the institution has also allowed the
authorization for numbers of infrastructures to assist the governorate
development in the country. In 2017, the Muscat Municipality established a dual
road venture of 3.3km long road located in Al Khoudh. The road expands
commencing the Sultan Qaboos University circle to Intersection No.12 at the
Muscat Expressway, also equipped 3 lanes in every single track
Street Furniture Replacement Investment of Evaluation of Investment for the municipal development in Sultanate of Oman
Another foreign investment, according to the
article on Muscat daily, Muscat Municipality has signed up a contract for 20
years with JCDecaux to exchange the
furniture of the street. The contract is a share of the plans made by the municipality
to grow the city in a contemporary method and also furnish the entire streets
with innovative bus accommodations, street name emblems, seats, as well as the
litter baskets. The agreement was contracted by H E Sultan bin Hamdoon al
Harthi, which is Muscat Municipality Chairman along with Jean-Charles Decaux
which is a co-CEO of JCDecaux,
shields the application, preservation, and maintenance of a complete variety of
publicizing furniture of the street. The agreement also comprises the
application of city information boards which ended up with adding publicizing boards
in the city. Muscat has practiced fast development of its infrastructural that
has directed the country to the development of an effervescent economy. It has
also observed high development within populace in addition to thriving tourism
as well. Thus, the custom-designed made to take part into the local style of
architecture, and, the furniture of the street will deliver the beauty of the city,
while at the same time, also providing services, luxury, and suitability
Development and Diversification Paths in Oman’
Moreover, Hakro (2019) mentioned in his book regarding
the investment made by the Muscat Municipality. Muscat Municipality has built
up to ten drainages within four different locations, with a purpose to secure
the street from the damage which able to be made by water. The institution has
also arranged the lighting shafts whole over the street according to the
official provisions. Plus, the Muscat Municipality even also has constructed a pedestrian
crossway with the length of above than 19km. The most famous project made by
the Municipality so far is Sur Al Hadid Beach Carnival, which is the first
beach carnival in the country that is driven by the combined hard work of the
main investors. This beach carnival turns out to be an ideal project to boost
up the local tourism by applying the beaches’ application better, with a
purpose to host exclusive tourism occasions
The Oman Report in 2017 stated that Muscat is
directing downstream toward its industrial development, investment in logistics
and transport, as well as tourism industry as the valuable resources of
expanding the economy of Oman, and consequences the core drivers of venture movement.
The variation of Muscat was increased in 2017 through the reward of agreements value
on the massive
Duqm factory venture. These strengthened a annual movement within
the value of the venture granted in Oman, and proverb the arise of the country
as the third largest and fastest-developing ventures market country in the year
of 2017. The local industrial in Oman and logistics core in Duqm is expected to
be continued in driving the venture activity in Oman towards 2018
Obstacles of Municipal Development in Oman
If we are speaking about the foreign direct
investment or FDI, according to Int'l Business Publications (2013), Oman
remnants as a variegated basket of risk besides reward. Officials are
aggressively ingratiating money from out of the country, mostly in the sections
of oil and gas, along with financial and manufacturing services. Government
inducements consist of tax disruptions and customs duty exceptions. However,
consequence after the Omani Spring—came from the Yemen civil war—portends the
political steadiness within the country. In simple words the municipality is
facing various problems related to foreign direct investment
A report of 2019 Investment Climate
Statements: Oman mentioned that another obstacle mentioned as Oman had not
passed any current policy improvement appropriate to foreign investors.
the ministries or regulatory organizations do not implore commentaries on
planned rules from the broad public and do not make any effect valuations of
planned rules. There is no obligation that rules would be every so often
revised. Oman’s financial budget is extensively and effortlessly available
to the broad public. The government preserves off-budget financial
records, counting independent prosperity funds. Their
portfolios are impervious, and transfers to and from these funds are only
included in the debt-financing section of the budget as a debt financing
mechanism. Limited information on debt obligations is publicly available
References of Sustainable Urban Development Investment of Evaluation of Investment for the municipal development in Sultanate of Oman
Al-Busaidi, M. A. & Jukes, D. J., 2015. Assessment of the food control systems in the Sultanate of Oman. Food Control, pp. 55-69.
Al-Jebouri, M. F., Shaaban, A. K., Raman, S. N.
& Rahmat, R. A. A. B. O., 2017. Framework of environmental rating system
for home buildings in Oman. Journal of Architectural Engineering.
Hakro, A. N., 2019. Oman in the 21st Century:
Issues and Challenges. s.l.:Nova Science Pub.
Int'l Business Publications, 2013. Oman
Investment and Business Guide: Strategic and Practical Information. s.l.:Int'l
Business Publications.
Jafari, M. & Scholz, W., 2017. Towards
sustainable urban development: Challenges and chances of climate-sensitive
urban design in Muscat/Oman. Sustainability in the Gulf, pp. 103-122.
Muscat Daily, 2012. MUSCAT MUNICIPALITY SIGNS
20-YEAR STREET FURNITURE CONTRACT WITH JCDECAUX. [Online]
Available at: https://muscatdaily.com/Archive/Business/Muscat-Municipality-signs-20-year-street-furniture-contract-with-JCDecaux
Nebel, S. & Richthofen, A. v., 2016.
Urbanisation in Oman–Background and Trends. Urban Oman.
Oman Portal, 2019. Muscat Municipality. [Online]
Available at: https://omanportal.gov.om/wps/wcm/connect/en/site/home/gov/gov1/gov5governmentorganizations/mctmnet/muscatmunicipality
Oxford Business Group, 2017. The Report: Oman
2017. s.l.:Oxford Business Group.
State.gov, 2019. 2019 Investment Climate
Statements: Oman, s.l.: s.n.
Times News Service, 2019. New investment laws to
boost Oman economy. [Online]
Available at: https://timesofoman.com/article/1547653/Oman/New-investment-laws-to-boost-Oman-economy
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