Oman’s state-owned Nama Water Services (NWS) has unveiled an estimated OMR11 billion ($29 billion) capital expenditure plan to meet the country’s rising water demandOman’s state-owned Nama Water Services (NWS) has unveiled an estimated OMR11 billion ($29 billion) capital expenditure plan to meet the country’s rising water demand

Oman unveils $29bn plan to meet water demand by 2050

2025/12/16 16:34

Oman’s state-owned Nama Water Services (NWS) has unveiled an estimated OMR11 billion ($29 billion) capital expenditure plan to meet the country’s rising water demand up to 2050.

The investment aligns with the country’s Vision 2040 strategy and aims to support a population projected to double to 9 million over the next 25 years, the Oman Daily Observer reported, quoting a presentation by Abdulhakeem Al Dhuhli, master planning and strategic investments manager at NWS.

Under its 2025-2027 capex plan, the subsidiary of Nama Group has allocated OMR666 million, including OMR453 million for water projects and OMR213 million for wastewater infrastructure.

The investment includes more than 225 projects, comprising 113 water supply projects and 112 focused on wastewater treatment and network expansion.

The three-year plan will also add more than 8,000km of pipeline network, construct 202 reservoirs with a combined capacity of 1.8 million cubic metres and build 90 pumping stations, the report said.

In addition, the wastewater programme includes the construction of 28 sewage treatment plants and the addition of over 1,500km of network lines.

Water coverage is predicted to rise from 73 percent to 96 percent, while wastewater coverage is forecast to increase from 29 percent to 75 percent by 2040.

Further reading:

  • Oman’s farmers demand dams to protect livelihoods
  • Oman signs food security deals with farmers
  • Funding model for water tech ‘holds back Gulf innovators’

The strategy also includes the option to develop projects through public-private partnerships, the report said, without giving details.

In January Oman estimated a budget deficit of OMR620 million for 2025, with spending likely to reach OMR11.8 billion, a 1.5 percent increase year on year.

Nearly OMR5 billion, or 42 percent of public spending, has been earmarked for social and basic sectors, with 39 percent allocated for education, 28 percent for social security and 24 percent for healthcare.

Market Opportunity
Nodewaves Logo
Nodewaves Price(NWS)
$0.000545
$0.000545$0.000545
+1.67%
USD
Nodewaves (NWS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51