{"id":74048,"date":"2023-10-10T00:00:00","date_gmt":"2023-10-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/10\/oman-rolls-out-fresh-logistics-investment-push\/"},"modified":"2023-10-10T00:00:00","modified_gmt":"2023-10-10T00:00:00","slug":"oman-rolls-out-fresh-logistics-investment-push","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/10\/oman-rolls-out-fresh-logistics-investment-push\/","title":{"rendered":"Oman rolls out fresh logistics investment push"},"content":{"rendered":"

Khazaen Economic City is getting a logistics complex + more logistics <\/strong> services: <\/strong> Oman\u2019s Transport Communications and Information Technology Ministry (MTCIT) inked an agreement yesterday to establish Khazaen Logistics Complex with Khazaen City, to clear transactions in a bid to facilitate procedures within Khazaen Economic City<\/a>, according to Oman News Agency<\/a>(ONA). Khazaen Dry Port Company also inked an agreement with Mazaya Al Ofoq to provide one stop services at Khazaen Dry Port, for the handling of fruit and vegetables, according to a ministry statement<\/a>. Khazaen Dry Port Company also inked an agreement with French shipping conglomerate CMA CGM<\/a> to receive their containers through the sea ports at Khazaen, according to the statement.<\/p>\n

Meanwhile, MTCIT unveiled a new executive program for Oman Logistics Center to raise <\/strong> the value of transport and logistics investments to OMR 2.5 bn by 2025<\/strong>, ONA reports, without disclosing the current value of investments in the sectors. The program, which was launched at a ceremony held by Agricultural Minister Saud Al Habsi, targets several areas including the private sector, investments, international cooperation, economic diversification, financial stability, labor market and employment, resources, and projects, according to ONA.<\/p>\n

More details: <\/strong> The program\u2019s focus on economic diversification and financial sustainability come in a bid to grow government revenues from the transport and logistics sector, according to the news agency. It\u2019s also aiming to have the land transport sector reach some OMR 18 mn by 2025, and increase employment in transport, logistics, communications and information technology to 21% by 2025, comparatively to 19% in 2023, ONA writes.<\/p>\n

About the Oman Logistics Center: <\/strong> Established in 2015 by the MTCIT, it focuses on implementing Oman\u2019s logistics strategy 2040 to put Oman\u2019s logistics and industries on the global level, according to ONA. It also targets increasing the contribution of the sectors to increase GDP, and create jobs in the logistics field.<\/p>\n

ALSO- <\/strong>Oman National Transport Company<\/a>(Mwaslat), and Oman Energy Association<\/a>(Opal) inked an agreement on the sidelines of the ceremony, to enhance joint efforts to support the establishment of training and qualifying workers in companies specialized in energy, minerals, and related sector in a bid to enhance worker\u2019s efficiency, according to ONA.<\/p>\n","protected":false},"excerpt":{"rendered":"

A government ceremony saw several agreements signed and a new executive program 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