Sovereign Wealth Fund

Oman National Investments Development Company S.A.O.C. (TANMIA)

Investment Details

Investor Type
Sovereign Wealth Fund

Asset Class Focus
Infrastructure, Tourism, Real Estate, Services

Stage Focus
Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed

Geographical Focus
Oman

Industries Focus

  • Real Estate
  • Infrastructure
  • Tourism
  • Services

Investor Details

Established in 1998 by Royal Decree No. 81/98, Oman National Investments Development Company S.A.O.C., known as TANMIA, is a government-owned investment company in Oman. The company was initially mandated to establish and manage investment funds. However, following Royal Decree No. 55/2013, TANMIA expanded its investment scope to include diverse sectors such as infrastructure, tourism, real estate development, and services, aligning with the nation's economic diversification goals.

TANMIA's investment strategy is centered on fostering sustainable economic development within Oman. The company actively seeks opportunities to invest in projects that contribute to the growth and diversification of the national economy. By focusing on key sectors, TANMIA aims to enhance the country's infrastructure, promote tourism, develop real estate, and support various services, thereby creating a robust economic foundation for future generations.

Through its strategic investments, TANMIA plays a pivotal role in advancing Oman's Vision 2040, which emphasizes economic diversification and sustainable development. The company's efforts are geared towards building a resilient economy that is less dependent on oil and gas revenues, ensuring long-term prosperity and stability for the Sultanate of Oman.

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