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Article: A new optimism. (business optimism in Oman)(Oman Survey)(Column)

Article from:
The Middle East
Article date:
November 1, 1997
Author:
Copyright

Winds of change are abroad in Oman. A new spirit of business optimism is apparent in the country once famed for its conservative policies of "good housekeeping" and, it seems, now everybody wants to get on the bandwagon, writes Pat Lancaster.

It is not an international investor stampede; indeed, nobody could be accused of unseemly haste. It is more in the nature of a long period of research and meticulous planning coming to inevitable fruition.

Minister of State for Development, Mohammed bin Musa Al Yousef, told The Middle East: "We were faced with a challenge and we have responded to that challenge."

Oman's major challenge can be summed up in three ...

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