What Is Oman Vision 2040?
Short Answer
Oman Vision 2040 is the Sultanate’s long-term national development strategy designed to transform the country into a diversified, innovation-driven economy by the year 2040. It replaces the earlier Vision 2020 and establishes priorities across economic diversification, human capital development, governance, and environmental sustainability.
Detailed Answer
Launched officially in 2021 under Sultan Haitham bin Tariq, Vision 2040 represents Oman’s most comprehensive national development blueprint. The plan was developed through extensive public consultation involving more than forty thousand participants from government, private sector, civil society, and academia.
The vision is structured around four main pillars. The first addresses people and society, focusing on education reform, healthcare improvement, national identity, and social protection. The second pillar centres on the economy and development, targeting economic diversification, private sector growth, labour market reform, and fiscal sustainability.
The third pillar covers governance and institutional performance, aiming to modernise public administration, enhance the rule of law, and improve government efficiency through digitalisation. The fourth pillar addresses environment and natural resources, including water security, environmental conservation, and climate action.
Key quantitative targets include increasing the contribution of non-oil sectors to GDP, raising the proportion of Omanis in private-sector employment, improving Oman’s rankings on international competitiveness indices, and achieving specific benchmarks in education and health outcomes. The plan is implemented through successive five-year development plans that translate long-term goals into actionable programmes.