Oman Infrastructure Report Q3 2009

Executive Summary ....5
Market Overview..........6
Global Overview ..........8
Governments to the Rescue: The Global Surge In Infrastructure Spending........ 8
Table: Infrastructure Stimulus Plans List ......................... 9
SWOT Analysis..........15
Oman Infrastructure Industry SWOT.............................. 15
Oman Political SWOT Industry SWOT ........................... 16
Oman Economic SWOT ................. 17
Oman Business Environment SWOT............................... 18
Major Infrastructure Developments and Key Projects .............19
Transport Infrastructure Overview..... 19
New and Ongoing Projects ............ 20
Airports......... 20
Ports ............. 22
Roads............ 23
Railways ....... 24
Table: Oman Major Infrastructure Projects – Transport................................. 25
Energy And Utilities Infrastructure Overview...................... 27
New and Ongoing Projects ............ 28
Power Plants And Transmission Grids.......................... 28
Oil And Gas Pipelines................... 30
Water............ 30
Table: Oman Major Infrastructure Projects – Utilities.................................... 31
Construction Overview ....................... 32
New And Ongoing Projects............ 33
Residential Construction............... 33
Commercial Construction............. 33
Industrial Construction................. 34
Tourism Construction................... 34
Table: Oman Major Infrastructure Projects – Construction............................ 35
Industry Forecast Scenario ........................37
Table: Oman--Construction & Industry Data................. 37
Middle East Infrastructure Business Environment Ratings................................... 39
Table: Regional Infrastructure Business Environment Ratings........................ 41
Limits Of Potential Returns................. 42
Risk To Realisation Of Potential Returns............................. 42
Project Finance Ratings: Outlook For Middle East............. 44
Table: Design And Construction Rating BMI's Project Finance Ratings.......... 46
Table: Commissioning And Operating Rating ................ 47
Table: Overall Project Finance Rating........................... 49
Foreign Direct Investment .................. 50
Labour Force...................................... 51
Legal Framework................................ 52
Tax Regime ........ 53
Macroeconomic Outlook ............................54
Table: Oman – Economic Activity .................................. 57
Political Outlook........58
Company Monitor......64
Galfar Engineering and Contracting ............................ 64
Oman National Engineering and Investment Company (SAOG)....................... 66
Al Sawadi Investment and Tourism Company/ Blue City Investments............... 67
Country Snapshot: Oman Demographic Data...........................68
Section 1: Population..................... 68
Table: Demographic Indicators, 2005-2030................... 68
Table: Rural/Urban Breakdown, 2005-2030 .................. 69
Section 2: Education And Healthcare............................. 69
Table: Education, 2002-2005 ........ 69
Table: Vital Statistics, 2005-2030................................... 69
Section 3: Labour Market And Spending Power ............. 70
Table: Employment Indicators, 1999-2004..................... 70
Table: Consumer Expenditure, 2000-2012 (US$) ........... 70
Forecast Modelling.............................71
How We Generate Our Industry Forecasts .......................... 71
Construction Industry .................... 72
Sources .............. 72
Business Environment Ratings............ 73
Ratings Overview................................ 73
Table: Infrastructure Business Environment Indicators .................................. 74
Project Finance Ratings Methodology................................. 75
Design & Construction Phase........ 76
Historical Data & Forecasts.......... 77
Commissioning and Operating Phase- Commercial Construction................... 77
Commissioning and Operating Phase - Energy and Utilities........................... 79
Commissioning and Operating Phase –Transport .......... 81