Muscat: A recent report by the Indian research company Mordor Intelligence said that the Omani private K12 education market up to secondary level is expected to grow at a compound annual growth rate of 5% over the next five years.
The report, titled “The Oman Private K12 Education Market – Growth, Trends, Covid-19 Impact and Forecasts (2022-2027) indicated that public schools in Oman accounted for more than 78 percent of the twelfth grade enrollments years ago. However, private education enrollment increased at a compound annual growth rate of 8.3 percent between 2011 and 2016 compared to just 1.2 percent in public schools.
The report explained that since the government made registration compulsory for students between the ages of six and 17, enrollment rates in primary and secondary schools have risen even more.
The report stated that the government has developed a national strategy for technical and vocational education and training, to bridge the gap between the labor market and the skills of new graduates.
The report stressed that the government recently launched the “National Education Strategy 2040”, which aims to provide Omani youth with the skills required to compete in a knowledge-based economy, by introducing international standards systems in order to enhance education enrollment.
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