Enriching Life

Muscat National Development and Investment Company (ASAAS) was founded in 2014 through the concerted efforts of ten key government entities.

ASAAS aims to increase the contribution of non-oil and gas sectors by initiating and developing economically sustainable projects to meet the needs of the public and enrich life in Oman.

Projects

ASAAS has a diversified development and investment mandate which recognizes sectors of vital importance to the continued progress of the national economy.

Al Khuwair Hotel & Public Park

A’Raya Complex

Oman Air Crew Reporting Facility

Salam Air

A’Sharq

Souq Shati Al Hafa

Sectors

Tourism

Developing the tourism sector is of great importance to Oman as it diversifies economic revenues.

Healthcare

Identifying opportunities and delivering key projects within the healthcare supply chain.

Retail

Oman is highly ranked in comparison to emerging retail sectors worldwide.

Education

Developing a qualified workforce to support the growth of the nation.

Logistics

Oman’s geostrategic location offers enormous potential for the development of a global logistics hub.

Transportation

Transportation plays an instrumental role within ASAAS’ tourism development and investment strategies.

ASAAS Intelligence Talk 2017

Economic Development
and Diversification

27^th December, Crowne Plaza

Highlight

CNBC Arabia: Eye on Oman

Headlines

Latest From ASAAS

December 4, 2023

Twitter

28.12.2017

ASAAS hosted a workshop on economic development and diversification

9.1.2017 · Part 1/3

Sultanate to reduce oil production by 45,000 barrels.

16.1.2017 · Part 2/3

Oman establishes a charter of corporate governance to improve performance.

23.1.2017 · Part 3/3

Telecom companies leading Omani stock market trade.

In Focus

Oman, A Logistics Hub

International airports in Muscat and Salalah recently saw large-scale expansion, alongside a national rail masterplan that continues to make progress as a regionally important infrastructural development.