Sustainability anchors economic strategy

Oman’s progress towards sustainability is becoming increasingly evident — not merely in policy frameworks and long-term aspirations, but through tangible initiatives across energy, infrastructure, education and economic diversification.
Oman Vision 2040 clearly articulates the link between sustainability and economic growth, recognising them as mutually reinforcing forces.
Rather than viewing sustainability as a constraint, Oman treats it as a catalyst for resilience, competitiveness and enduring prosperity. This pragmatic, forward-looking approach is closely aligned with national priorities.
Energy transition sits at the heart of this strategy. Oman is making strategic investments in renewable energy and green hydrogen to advance cleaner energy systems while safeguarding its economic position in a rapidly changing global landscape.
Instead of abrupt shifts, Oman has adopted a phased transition that builds on existing strengths while preparing for emerging markets. This measured approach enhances investor confidence and reinforces Oman’s reputation as a stable and reliable partner.
Sustainability is also integral to economic diversification, with sectors such as logistics, tourism, manufacturing and fisheries expanding in ways that are environmentally and socially responsible.
This demonstrates that diversification need not come at the expense of sustainability, but can instead strengthen long-term economic viability.
Human capital development remains a cornerstone of the vision. Sustainability is fundamentally people-centred, supported by investments in education, skills development and research. By linking sustainability to employment, innovation and entrepreneurship, the country is fostering inclusive growth while preparing young Omanis for future industries. SMEs play a critical role in this transformation. Through supportive policies and a conducive business environment, SMEs are encouraged to adopt sustainable practices, innovate responsibly and generate local value.
As global economies confront climate risks, resource pressures and shifting investor expectations, Oman’s experience offers a clear lesson: sustainability delivers the greatest impact when embedded at the core of economic planning, not treated as an afterthought.
By aligning environmental responsibility with economic opportunity, Oman is shaping a development model focused on resilience and long-term national interest.
What distinguishes Oman’s approach is the strong alignment between vision and execution. Policies are integrated with fiscal planning, investment strategies and structural reforms, reducing fragmentation and enabling continuous assessment and improvement.
Oman is steadily translating vision into measurable progress — demonstrating that sustainability, when guided by sound policy and inclusive growth strategies, can reinforce economic strength rather than constrain it, while offering a credible model for the wider region.

Sonia Umair The writer is from the College of Commerce & Business Administration, Dhofar University