Muscat – Oman Vision 2040 Implementation Follow-up Unit held a meeting on Monday to review the 2022/2023 report and shed light on efforts exerted by competent authorities to achieve the vision’s objectives.

Addressing the meeting, Dr Khamis bin Saif al Jabri, head of Oman Vision 2040 Implementation Follow-up Unit, said, “The vision is clear in its directions and is witnessing an escalation in pace of implementation of the plans arising from it.”

He confirmed that the unit is working to strengthen the effective partnership between government agencies and assisting these in facing the challenges in implementing their objectives, and that it is keen on the principles of partnership, responsibility, flexibility and integration.

According to Jabri, the role of each government entity in implementing the vision’s directions has been defined through the entity’s indicator card with measurable targets. The emphasis is on linking these to annual implementation plans, detailed projects and initiatives, and the establishment of offices for these to connect them to the unit.

Dr Munther bin Hilal al Busaidi, deputy head of the unit, pointed out that the focus is on indicators with the highest impact in Oman Vision 2040 and that the number has been reduced from 68 to 39, including five international indicators and 34 national indicators.

He confirmed that agreements and accreditations have been completed for 40 government agencies and their indicator cards have been approved. The second phase targets several other government agencies and includes the development and approval of indicator cards for the governorates.

“The entity indicator cards serve as a reference for setting annual plans and defining future directions. The purpose of these is to support the vision’s goals by translating these into effective projects and initiatives,” he added.

H E Qais bin Mohammed bin Moosa al Yousef, Minister of Commerce, Industry and Investment Promotion, informed of an increase in the value of private investments in 2022 by 5% and an increase in the volume of foreign direct investment in 2022 by 10.5% over 2021.

He added that the Nazdhar programme empowers the role of the private sector in leading economic development by creating an attractive investment environment, improving the business environment by simplifying and digitising investor procedures, and developing investment partnerships between the sultanate and the international and local business community.

Also addressing the meeting, Dr Abdullah Ali al Amri, Chairman of Environment Authority, said, “There are many environmental efforts and initiatives being undertaken by the authority and relevant government and private entities focused on raising the level of the environmental sector in accordance with the objectives of Oman Vision 2040.”