خطوط تزئینی

Circular Economy

Circular Economy in Oman: Transforming Waste into Opportunity

Oman’s Circular Economy is a cornerstone of Vision 2040, the nation’s blueprint for transforming into a diversified, sustainable, and innovation-driven economy. This sector prioritizes resource efficiency, waste reduction, and climate action by shifting from a linear “take-make-dispose” model to a closed-loop system where materials are reused, recycled, or repurposed 

Waste Recycling 
Rate

31 %

Municipal Waste Generation

1.2 kg

Per day, per capita

Private Sector Investment

1.5 bn

(USD) Active projects

Established infrastructure including

67

Operational recycling facilities

Circular Economy

Key Targets

Waste Reduction Target

80 %

By 2023

Renewable Energy Contribution

20 %

By 2023

Logistics Sector GDP Contribution

36 bn

(USD) By 2023

Green Hydrogen Production

1 m

tons/year

Unlocking Oman’s Potential

Opportunities and Projections

This sector not only mitigates environmental impact but also spurs innovation, reduces dependence on virgin raw materials, and creates new business models and job opportunities.

Investment Opportunities

Waste-to-Energy Plants

  • Convert organic and municipal waste into renewable energy and biofuels, reducing dependency on fossil fuels.

Electronic and Material Recycling

  • Facilities focused on recycling electronic waste, plastics, metals, and glass create a sustainable supply of secondary raw materials.

Biogas and Biodiesel Projects

  • Turn organic waste and used cooking oil into biogas and biodiesel, providing eco-friendly alternatives to conventional fuels.

Innovation in Eco-Design

  • Opportunities in developing products that are designed for longevity, reusability, and easy recycling, boosting competitive advantage in global markets.

Growth Projections

Waste-to-Resource Market -

Projected to grow at a CAGR of 12% (2025–2030), driven by recycling infrastructure and green supply chains

Green Hydrogen -

Investments exceeding $140 billion by 2050, targeting 8 million tons/year production

Renewable Energy -

Solar and wind capacity to reach 3,631 MW by 2030, up from 163 MW in 2025

Global Trends -

Rising demand for sustainable materials, green logistics, and carbon-neutral technologies aligns with Oman’s focus on circular innovation

Global Waste-to-Resource Market
Market Size in USD Million
نرخ رشد مرکب سالانه (CAGR) 11.22%
دلار آمریکایی 42.7
2025
دلار آمریکایی 72.6
2030

Unlocking Oman’s Potential

Strategic Developments and Infrastructure

Government Incentives & Support

Tax Advantages

10-year corporate tax holiday for circular economy projects

Financing

30% capital subsidy through Tanfeedh diversification program

Regulatory Enablement

Fast-track licensing through Invest Oman’s One-Stop Shop

Current Flagship Initiatives

Madayn Industrial Cities

Developing 7 circular economy hubs with plug-and-play facilities

National Circular Roadmap

Joint program with Dutch experts to optimize 8 key material flows

Oman Sustainability Awards

Annual $2M innovation fund for circular solutions

Operational Advantages for Investors

Existing Infrastructure

10 engineered landfills with material recovery facilities

Cost Competitiveness

40% lower energy costs vs EU averages

Market Access

Duty-free access to 1.5B consumers through 21 FTAs

Why Choose Oman for Circular Economy Investment?

Strategic Positioning

Positioned at the crossroads of global trade routes, Oman offers excellent regional connectivity.

Innovation and Sustainability

Advancements in technology and eco-friendly practices create a market for growth.

In-Country Value (ICV) Policy

Priority for projects sourcing local talent/materials


Supportive Government
Policies

Incentives like tax benefits and public investments create a robust investor environment.

Government Support: Powering Circular Economy Sector.

Customs exemption for: (Switzerland, Norway, Iceland) - States of America - GCC States Arab States - Singapore

Exemption from customs duties on importing factor equipment

Exemption from customs duties on importing raw materials for factories

Corporate Income tax of 15%

Benefiting from the membership of the Sultanate of Oman in the economic agreements

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