With a multi-billion-dollar pipeline of public sector contracts and significant private sector developments planned for the remainder of the decade, the construction sector remains a highly significant and growing sector of the Omani economy. In the face of substantial headwinds driven by lower oil prices since the middle of 2014, the...
The aims of Oman’s latest five-year plan are being realised, as new developments spring up with a focus on the sectors with the most growth potential. Input from both public and private developers is spurring work on major projects catering to the transport and logistics, tourism, manufacturing, fisheries and mining sectors, while new...
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...
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...
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