Oman’s long history of political stability coupled with its favorable international trade agreements and special economic zones has ensured strong growth in economic output and exports in recent years. The fall in global prices is undoubtedly a concern for the sultanate, but the sustained focus on diversification schemes, as well as the country’s ongoing spending commitments on big-ticket projects should ensure steady growth moving forward.
Increased investments and a targeted approach to joining up Oman’s logistics chain will boost the sultanate’s capacity to move its domestic and export cargoes, as well as strengthen its credentials as a major freight trans-shipment hub.
A major wave of airport building and expansion is taking place, which is set to transform Oman’s international air transport profile. This is also a key pillar of its plans to diversify the economy away from hydrocarbons, giving a lift to everything from tourism to trade.
The period ahead could well be a watershed moment for the logistics sector in Oman, as a series of recent developments in infrastructure and geopolitics begin to coalesce. These moves come alongside improvements in the efficiency of the local sector, pushing the sultanate closer still to its broader goal of becoming an international logistics centre.
What criteria do you consider a priority when strategically positioning Oman Air to capitalise on the evolving aviation industry regionally?
With the sultanate’s grid of air, land and sea connections unrecognisable in comparison to what it was just a generation ago, Oman’s transport infrastructure has seen some spectacular growth in recent years.
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