Oman has announced the formal launch of operations of its newly restructured and integrated water and wastewater services unit. The restructuring exercise had resulted in the creation of two new entities under Nama Group, the holding company of state-owned power and water utilities and service providers, said a report.

The new entities are Oman Water and Wastewater Services Company (OWWSC) and Dhofar Integrated Services Company (DISC), reported Oman Observer, citing the Nama Group, a part of Oman Investment Authority (OIA), the integrated sovereign wealth fund of the sultanate.

Regulation of the integrated sector is now the responsibility of the Authority for Public Services Regulation (APSR), while the policymaker is the Ministry of Agriculture, Fisheries and Water Resources.