The total Foreign Direct Investment (FDI) to the Sultanate at the end of 2016 touched RO 7,3911 million, while the FDI flow during 2016 alone reached RO 717.5 million, according to the initial data released by the Centre.
Sector wise, the major FDI flow was into the Oil and Gas Exploration sector at RO 3,537.9 million. Financial intermediation (banking, leasing, insurance and other financial institutions) secured FDI of RO 1,275.5 million. The FDI in the manufacturing sector reached RO 1,001.2 million, while RO 632.2 million was invested in the real estate renting and business activities, the data showed. Other sectors together reported FDI of RO 944.4 million, the data revealed. The United Kingdom topped the list of investors in the Sultanate at RO 3,182.7 million followed by the United Arab Emirates with RO 887.1 million. The FDI by Kuwait touched RO 390.7 million, while that of the Kingdom of Bahrain was RO 297.1 million. The United States of America invested RO 283.1 million, Qatar RO 274.9 million, Switzerland RO237.8 million and India RO 228.5 million. While the Netherlands invested RO 170 million, the total FDI by other nations was RO1,439.1 million, according to the NCSI data.