Oman is working on 240 projects to boost its logistics sector : Oman’s Transport, Communications, and Information Technology Ministry(MTCIT) is working on a total of 240 logistics projects and investment initiatives to diversify its economy, enhance its financial sustainability, private sector investment, and international cooperation, El Fagr reports. The projects — which are divided under 19 categories — come as part of Oman Vision 2040 (pdf).

The timeline: MTCIT has set a five-year timeline for its strategy to boost its logistics infrastructure, starting with 35 projects, the outlet writes.

Ports: Oman has been working on port infrastructure for its Khasab, Shinas, Al Suwaiq, and Dhalkut ports, and has been reviewing concession agreements for major ports, as well as the provision of marine and land services, according to El Fagr.

ICYMI - An Omani and Indian consortium recently inked an agreement with MTCIT to develop, manage, and operate Shinas Port. Oman’s Sohar Port and Freezone also inked an agreement to set up a vessel servicing at the Port with Al Risia Subsea Engineering & Service, Gulf Global Land & Sea Services, and National Marine Services.

Road infrastructure: The ministry has ongoing road projects worth a combined OMR 890 mn under its five-year strategy, El Fagr says, without providing further details on the projects. MTCIT has also awarded 21 contracts worth OMR 110 mn for the maintenance of its roads in Oman, as well as the roads in the Dhofar Governorate, the outlet writes, without specifying who is implementing these projects. Oman also recently began work to connect the Al Batinah Expressway with its Khazaen Economic City.

Laws need to be put in place too: MTCIT will be implementing some 30 draft laws, legislations, and licenses concerning governance of the projects, resources, and administrative process for the sectors supervised by the MTCIT, according to El Fagr.

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