Considering Oman’s infrastructural needs, which projects require the most attention for the sultanate to reach its development goals?
Oman Transport
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Chapter | Transport & Logistics from The Report: Oman 2015
Oman continues to capitalise on its geographical position, increasingly establishing itself as a major trans-shipment centre for traffic between Europe, Africa and Asia with ongoing development and expansion plans at various ports in the sultanate, particularly at Duqm where a new port and dry-dock are being developed. Coordinating this maritime-based growth with land and air-side growth is...
Although the sultanate’s petroleum wealth has traditionally provided a backbone for growth, efforts are well under way to diversify away from hydrocarbons. Oman Vision 2020 has laid out plans to boost industrialisation within the sultanate and to encourage the private sector to take a more active role in the economy and in the provision of jobs, both of which are billed as key drivers for growth.
Economic update | Oman’s rail project on track
5 Mar 2014
Work on Oman’s national rail network – part of a wider system linking all the countries of the GCC – is picking up pace, with advanced planning work now under way and construction set to begin next year.
The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.
Articles & Analysis | Maritime gateway: Developments at the Port of Sohar are turning it into a logistical hub from The Report: Oman 2014
Sohar’s significance as an economic engine for Oman’s modernisation programme becomes more evident each year. Its expanding port capacity, growing industrial estate, strategic location and attractive regulatory environment continue to lure new investments. The Greater Sohar Industrial Zone, also known as Gateway Sohar, includes the Sohar...