Oman Transport and Communications Minister Ahmed bin Mohammed bin Salim Al Futaisi recently said Omani leaders have launched plans to expand the country’s transportation
infrastructure to bolster non-oil-based trade activity.
"Oman has invested heavily in hard infrastructure in
the transport sector,"
Al Futaisi
said. "Now, we are focusing on the soft
infrastructure of the sector with an eye on trade facilitation and improving
the ease of doing business."
Al Futaisi relayed that Oman’s seaside ports, road systems
and aviation channels stand to improve measurably with “billions of rials”
invested into the respective modes. He described the strategy as supportive of
private enterprise and the relations between public and private sectors.
"The Omani government is working to liberalize the
transport and logistics sector and to foster more competition in the
market," Al Futaisi said. "We are … bringing in private companies
through the licensing of some of the sector services such as a new budget
airline, second ground handler in the airports, cargo handling, etc."
Oman’s economic transition is being documented by the Dubai-
and London-based Oxford Business Group (OBG), which plans to publish The Report: Oman 2017 as a look into the sultanate’s progress as it endeavors to diversify its resources while
maintaining its mining industry connections.
More Stories
- KHALIFA UNIVERSITY: KU Winter Webinar Series
- ISLAMIC CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE: ICCIA Congratulates H.E Ambassador Hussein Ibrahim Taha on His Election as the New Secretary General of the Organization of Islamic Cooperation
- FREE UNIVERSITY OF BRUSSELS: 20th edition of the IEE-ULB GEM books
- ISLAMIC CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE: The Arab Telecommunications and Information Council of Ministers Approved in It's 24th Cycle on the Selection of Egypt
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University and Al Dobowi Group Launch New Named Scholarship to Aid Deprived Students
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University’s Internationalization Efforts Thrive Despite Covid-19 Challenges
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University Alumnus Maha Al Jaffer appointed UNICEF National Ambassador to Sudan
- KHALIFA UNIVERSITY: Khalifa University’s Seawater Energy and Agriculture System (SEAS) Recognized by Global Water Awards
- KUWAIT QATAR INSURANCE COMPANY: QLM Life & Medical Insurance Company QPSC announces its QAR 659,400,000 IPO on the Qatar Stock Exchange
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: AU’s Dr. Mona Salameh Wins Best Paper Award at Key Global Engineering Conference