Ongoing infrastructural and industrial developments at the ports of Duqm, Sohar and Salalah are augmenting investor appeal and increasing competitiveness at each of the three locations. The majority of this is concentrated at Duqm, which is one of the country’s biggest construction projects, with the port still in early development stages....
What recent measures has Oman taken to develop its logistics industry, and how have its performance metrics borne out that development?
Almost three years into its ninth five-year plan for 2016-20, Oman is beginning to reap the rewards of efforts to restructure and expand its transport and logistics sector. The Central Bank of Oman’s latest annual report notes that transport, storage and communications is one of the economy’s best performing categories, with the growth rate...
Following the global oil price drop in 2014, Oman – like the other GCC states – is pushing ahead with its long-term national development plans that seek to diversify the economy.
Kuwait has moved forward with plans to ease traffic congestion and improve transport infrastructure, with the authorities announcing that a major road project is close to completion, while a series of others are ahead of schedule.
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