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)
$0.000558
$0.000558$0.000558
0.00%
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

The Surprising 2025 Decline In Online Interest Despite Market Turmoil

The Surprising 2025 Decline In Online Interest Despite Market Turmoil

The post The Surprising 2025 Decline In Online Interest Despite Market Turmoil appeared on BitcoinEthereumNews.com. Bitcoin Searches Plunge: The Surprising 2025
Share
BitcoinEthereumNews2026/01/21 14:56
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01
Strategy Makes Biggest Bitcoin Bet In Months With $2.13B Buy

Strategy Makes Biggest Bitcoin Bet In Months With $2.13B Buy

The post Strategy Makes Biggest Bitcoin Bet In Months With $2.13B Buy appeared on BitcoinEthereumNews.com. Strategy Makes Biggest Bitcoin Bet In Months
Share
BitcoinEthereumNews2026/01/21 15:07