Oman’s Transition to a Post-Oil Economy: Arching Toward Asia
The development of Duqm Port and Special Economic Zone (SEZ) is at the forefront of Oman’s efforts to transition to a post-oil economy. The Malaysian economic transformation management model, the Singaporean example of achieving prosperity through combining free trade and business-friendly policies with its role as a trans-shipment and logistics hub, and an initial infusion of substantial Chinese investment capital and project participation all have played central roles in how this process has unfolded — and will likely remain key determinants of its future progress.