Expanding its seaports is a core part of Oman’s plans for diversification and economic growth. Strategically located on global trade routes between the vast markets of Europe and Asia – and positioned just outside the Strait of Hormuz, a bottleneck for shipping traffic headed into the oil-rich GCC – the country has a strong commercial case to...
Bolstered by steady investments from a government cognisant of its potential, Oman’s transport and logistics sector has continued to expand even as the impact of lower oil prices continues to be felt. The sector’s real growth rate registered at 1.1% in 2015 after rising 9.4% in 2014, giving it a value of OR1.7bn ($4.4bn), according to the...
Strategically situated at the head of the Indian Ocean Oman, which borders Saudi Arabia and the UAE, is a gateway to the GCC region – a re-distribution point and transit hub for shipments to and from Asia, the Indian subcontinent, and East and Central Africa. Transportation and logistics in the sultanate has emerged in recent years as a pillar...
Port automation and the modernisation of freight handling capacity in Oman is keeping pace with large development projects at Duqm and Sohar. Improvements in operational performance are the essential incentive to automate port container terminals, making them more productive and allowing for increased quay use and yard densities that result in...
What more can be done to assist the growth of the transport and logistics sector?
Airport infrastructure is developing quickly in Oman, with over $12bn invested in the sector since 2010, and another $6.1bn earmarked through 2020-21 to support the completion of new regional airports and major terminal projects at two international airports. Oman currently operates three regional airports at varying levels of completion, one...
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