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The Sultanate turns into one of the leading countries in the Transport and Communications Sector, through providing high quality, accessible, sustainable and safe services by the relevant...... More
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Logistics
 
The Sultanate of Oman is uniquely positioned to play an important and leading role in logistics in the Gulf and Indian Ocean.
Its geographical position, the excellent infrastructure already available and partially under construction, as well as its stable political climate, are all key ingredients necessary for the Sultanate to make a quantum leap in the growth of the logistics industry and to make it an important logistics hub.
 
Initiated by the Supreme Council of Planning (SCP) during 2013, a task force of ten Omani executives from the private sector, Government and the academic world was established. The task force has been working together with 65 specialists from all relevant sectors, divided into different working groups to develop The Sultanate of Oman Logistics Strategy 2040 (SOLS 2040).
 
Under the active chairmanship of The Minister of Transport & Communications, supported and guided by reputable international experts and taking as input numerous relevant studies undertaken previously, as well as input from the working groups, the task force management compiled a strategic document which covers the period until 2040. 
 
The logistic sector is one of the major non-oil dependent segments of the economy which has the potential to fill in a substantial part of the Gross Domestic Product (GDP) of the Sultanate and create numerous quality jobs).
 
The key activities which must be executed, specifically within the first five years, include the application of technology, human capital development and internal and external marketing.
 
A complete refocus on trade facilitation by all government agencies, not only on paper but also in practice, is also a key prerequisite.