Arrivals at Muscat International Airport grew from 7.56m in 2012 to reach 8.31m in 2013, and this rising trend looks set to continue as the sultanate rolls out infrastructure development plans and increases its offerings for visitors. Across the country smaller airports are undergoing expansion that will allow larger planes to land, while rail development in the sultanate will see 2244 km of...
Major investment in the telecoms and IT sector from both the public and private sectors has expanded coverage in Oman, with the number of pre-paid mobile subscribers reaching 5.37m in the first half of 2014. The government has recognised the potential of a vibrant IT sector and in line with its objective to diversify the economy away from hydrocarbons has marked the development of the sector...
Achieving self-sufficiency in agriculture and fisheries sector is driving expansion in Oman as the government finances a number of initiatives and invests in key infrastructure that will strengthen the sector moving forward. Adding value through processing is a key goal with the Oman Sugar refinery company’s 2013 announcement of a $200m sugar processing plant in Sohar a key point in this...
The Omani retail sector has grown by 7% since 2011 and continues to expand, as large construction projects, predominantly malls and hypermarkets, look set to add more retail space to the sector. The rise in the number of shopping malls, currently numbering 16 in Muscat alone, has coincided with a shift in spending patterns as the population becomes wealthier, while an increasing number of high...
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...
The sultanate of Oman is divided into 11 governorates, and as the country pushes ahead with economic diversification goals various regions are being rapidly developed. Duqm Port’s handling capabilities are to be expanded, with plans for an additional 10 km of commercial berths, while at Salalah International Airport a new terminal capable of handling 1m passengers per year is now coming on...
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