Oman Signs Over RO100 Million in Investment Agreements to Boost Logistics Sector

Eighteen investment agreements valued at over RO100 million were signed on Wednesday to support Oman’s efforts to expand its logistics sector and enhance its position as a regional trade hub. The deals were announced during the Logistics Day 2025 celebrations, held under the patronage of Sayyid Saud bin Hilal al Busaidi, Governor of Muscat, and attended by H E Saeed bin Hamood al Mawali, Minister of Transport, Communications, and Information Technology.

Organized by the Ministry of Transport, Communications and Information Technology, the event focused on the theme “Logistics Technologies and Investment,” emphasizing the growing role of advanced technologies in improving sector efficiency and competitiveness.

The signed agreements span various sectors, including ports, airports, transportation, and warehousing, with several projects incorporating smart technology. Notable agreements included partnerships with Sohar Port for LNG infrastructure, Oman Airports for a gold refinery and drone research academy, and Oman SATS for discounted logistics services, offering up to 50% off until December 31, 2025, to support the export and re-export of perishables.

Abdullah bin Ali al Busaidi, Acting Head of the Oman Logistics Centre, emphasized the sector’s growing importance, stating, “We aim for the logistics sector to become the second-largest contributor to Oman’s GDP.” In 2024, the logistics sector generated RO2.25 billion, accounting for 5.9% of Oman’s GDP. The goal is to increase this contribution to RO36 billion by 2040, as part of the Logistics Sector Strategy 2040, which focuses on market development, trade facilitation, operational efficiency, Omanisation, and logistics technologies.

A significant development during the event was the signing of a framework agreement for the National Port Community System, aimed at digitizing logistics operations, linking stakeholder platforms, and improving transparency and efficiency at ports and border checkpoints.

Additionally, an initiative to promote e-bicycles and shared mobility was launched to enhance first- and last-mile connectivity to Muscat and Salalah university campuses. Other investments include the construction of LNG berths, dredging and supervision at Sohar Port, and the development of a drone R&D center, tech hub, and customs warehouse at Muscat airport.

Other initiatives include a 12-year partnership between Oman Airports and Zahara Airport Services to manage the Muscat airport hotel, the expansion of Sohar Logistics Station by Al Madina Logistics, and the creation of a dedicated transport fleet for the energy sector. A new integrated bus station will be developed in Liwa in collaboration with Mwasalat and the Governorate of North Batinah.

Darb Investment will also launch a national freight management platform to streamline trucking and last-mile delivery, while Asyad Ports, in collaboration with O Bunkering, will introduce ship fueling at Port Sultan Qaboos.

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