Launching the National Digital Economy Program

The Sultanate of Oman seeks to achieve many goals that will contribute to building and developing a thriving digital economy, which requires high competitiveness to keep pace with digital developments, and speed in decision-making. Therefore, the Ministry of Transport, Communications and Information Technology launched the National Digital Economy Program, which is in line with the objectives of Oman Vision 2040.

With the concerted efforts, cooperation, and coordination between the units of Oman’s administrative apparatus and the private sector, to achieve the goal of the National Digital Economy Program, three main axes have been set: accelerating smart governance, strengthening the digital society, and enabling business digitization. This will be achieved through a set of executive programs and plans related to the digital economy.

The Ministry has also developed a map of the expected outputs of the National Digital Economy Program, represented in: creating national industries in the digital economy, enhancing the local added value of the digital economy, creating income-generating opportunities that are sustainable and keep pace with technological development, creating a strategic partnership with private sector institutions, digitally empowering the economic sectors included in the Tenth Five-Year Plan, and attracting foreign direct investment in the field of the digital economy.

Within the framework of the continuous work of all parties supervising the National Digital Economy Program, the Sultanate of Oman seeks to list 5 Omani technology companies on the stock market, and is also working to provide a safe and advanced infrastructure that supports digital governance, and is integrated with economic and social development, which responds to the requirements of the future and sustainability, to achieve Oman Vision 2040.