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
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
Market Size in USD Million
Unlocking Oman’s Potential
Strategic Developments and Infrastructure
Government Incentives & Support
Tax Advantages
Financing
Regulatory Enablement
Current Flagship Initiatives
Madayn Industrial Cities
National Circular Roadmap
Oman Sustainability Awards
Operational Advantages for Investors
Existing Infrastructure
Cost Competitiveness
Market Access
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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