Market Brief

Oman Keeps Eye on Port Development, an Industrial Info Market Brief

Oman is moving ahead with the privatization of its utilities, and the government is undertaking many development projects to modernize the economy, improve the standard of living and become a more active player in the global marketplace. As Omani ports are geographically well positioned, Oman has introduced the Oman Logistics Plan 2020, which helps in increasing port-handling capacity and land-transport connectivity projects. There are six main ports in Oman--Matrah, Salalah, Qurum, Sur, Sohar and Duqm. Industrial Info is tracking $2.55 billion worth of marine cargo handling projects in Oman. Click here for a list and see graph below for investment by state.

Released Wednesday, July 10, 2019