Latest news with #LogisticsSectorStrategy2040
Observer
09-05-2025
- Business
- Observer
National Port Community System to advance Oman's logistics infrastructure
BUSINESS REPORTER MUSCAT, MAY 9 Oman's Ministry of Transport, Communications and Information Technology has named the partnership of Kale Logistics Solutions, an Indian-based cargo technology specialist and its local associate Novel Muscat, as the winner of its contract to develop a National Port Community System (NPCS) for the Sultanate of Oman. A formal agreement to this effect was signed during Oman Logistics Day celebrated in the Sultanate of Oman last month. The NPCS will serve as a unified digital platform, streamlining and integrating operations across Oman's ports, airports, land ports and free zones. The platform has been described as a step in advancing the nation's logistics infrastructure. By enabling seamless coordination across all modes of transport, the NPCS is set to enhance international trade and strengthen Oman's position as a regional logistics hub. Eng Abdullah bin Ali al Busaidi, Acting Head of the Oman Logistics Center at MoTCIT, emphasised that the Logistics Sector Strategy 2040 is anchored in four strategic pillars driving Oman's transformation into a global logistics hub. The first, Market Development, focuses on expanding Oman's presence across land, sea and air transport markets through targeted projects and initiatives; The second, Trade Facilitation, aims to revolutionise cargo processing and streamline logistics chains across all entry points; The third, Employment and Omanisation, supports workforce development through regulation, training and increased local participation in the logistics sector; and the fourth, Logistics Technologies, promotes the adoption of advanced digital solutions to enhance competitiveness and efficiency in regional markets. Vineet Malhotra, Co-Founder and Director of Kale Logistics Solutions, commented: 'This is an honour for Kale and we are keen to acknowledge the foresight demonstrated by the Ministry in deciding to invest in the National Port Community System. The NPCS in Oman will be a transformative step in our journey to develop the next generation of efficient, sustainable and resilient cargo solutions.' 'Through the NPCS, Oman is poised to enhance its Logistics Performance Index rankings, strengthen trade facilitation and create new employment opportunities, contributing to the nation's economic growth. At Kale, our vision is to work with our partners to develop the next generation of efficient, sustainable and resilient cargo solutions — and the NPCS in Oman will be a transformative step in that journey.' Phase I of the NPCS will introduce the platform to Oman's ports, then subsequently expanding its operational capacities to include all modes of Omani cargo transport. Mumbai-headquartered Kale's flagship product is the Cargo Community Platform, which brings all stakeholders of the cargo value-chain onto a single platform, eliminating redundancies and bringing seamless communication to the erstwhile disjointed systems thereby promoting sustainability, cargo security and real-time data to the key stakeholders.
Zawya
01-05-2025
- Business
- Zawya
Oman logistics sector gets $259mln push
Muscat – Eighteen investment agreements worth over RO100mn were signed on Wednesday as part of efforts to expand Oman's logistics sector and position the sultanate as a regional trade hub. The deals were announced during 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. Organised by Ministry of Transport, Communications and Information Technology, the event focused on the theme 'Logistics Technologies and Investment' highlighting the growing role of advanced technologies in improving sectoral efficiency and competitiveness. Agreements signed span ports, airports, transportation and warehousing, with several projects integrating smart technology. Among the key agreements were deals with Sohar Port for LNG infrastructure, with Oman Airports to set up a gold refinery and drone research academy, and with Oman SATS to provide discounts on logistics services worth up to 50% until December 31, 2025 supporting export and re-export of perishables. On the occasion, Abdullah bin Ali al Busaidi, Acting Head of Oman Logistics Centre, said, 'We aim for the logistics sector to become the second-largest contributor to Oman's GDP.' In 2024, the logistics sector generated RO2.25bn, accounting for 5.9% of Oman's GDP. The target is to increase its contribution to RO36bn by 2040 under the Logistics Sector Strategy 2040, which focuses on market development, trade facilitation, operational efficiency, Omanisation and logistics technologies. A major announcement during the event was the signing of a framework agreement for the National Port Community System, aimed at digitalising logistics operations, linking stakeholder platforms, and improving transparency and efficiency at ports and border checkpoints. An initiative to promote e-bicycles and shared mobility was launched to improve first- and last-mile connectivity to Muscat and Salalah university campuses. Other investments include LNG berth construction, dredging and supervision at Sohar Port, and development of a drone R&D centre, tech hub and customs warehouse at Muscat airport. Oman Airports signed a 12-year deal with Zahara Airport Services to manage the Muscat airport hotel. Al Madina Logistics will expand Sohar Logistics Station and create a dedicated transport fleet for the energy sector. A new integrated bus station will be developed in Liwa in partnership with Mwasalat and the Governorate of North Batinah. Darb Investment will launch a national freight management platform to streamline trucking and last-mile delivery, while Asyad Ports, in collaboration with O Bunkering, will introduce ship-fuelling at Port Sultan Qaboos. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Observer
30-04-2025
- Business
- Observer
RO 100 million worth pacts to boost logistics
MUSCAT, APRIL 30 Oman marked Logistics Day 2025 with the signing of eighteen major investment agreements exceeding RO 100 million in total value. The event, held at Al Bustan Palace Hotel under the auspices of Sayyid Saud bin Hilal al Busaidi, Governor of Muscat, highlighted the Sultanate's strategic focus on the logistics sector under the theme 'Logistics Technologies and Investment.' During the ceremony, Eng. Abdullah bin Ali al Busaidi, Acting Head of Oman Logistics Center at the Ministry of Transport, Communications, and Information Technology, emphasized the critical role of the logistics sector in supporting and diversifying the national economy. He stated that the logistics sector is a vast and integrated system encompassing road networks, ports, land border crossings, airports, logistics zones, transport activities, and storage infrastructure. It plays a pivotal role in facilitating economic and service-related activities across the nation. He further noted that the ministry aims for logistics to become the second-largest contributor to the national GDP, positioning it as a key pillar in achieving Oman Vision 2040. The sector contributed approximately RO 2.25 billion to the GDP in 2024, representing 5.9 per cent of the total. Investments in the logistics sector reached around RO 2.3 billion in 2024, with forecasts indicating a projected contribution of RO 36 billion by 2040. Eng Al Busaidi outlined the four main pillars of the Logistics Sector Strategy 2040: Market Development, Trade Facilitation, Employment and Omanisation, and Logistics Technology. The Market Development pillar focuses on achieving targeted shares in land, sea, and air transport markets. The Trade Facilitation pillar aims to revolutionize customs and shipping procedures across all entry points and improve supply chain efficiency. The Employment and Omanisation pillar centers on regulatory reforms, training programs, and localization of jobs. The Logistics Technology pillar seeks to encourage companies to adopt advanced technologies to increase competitiveness and align with regional market demands. Among the notable investment deals signed were infrastructure developments at Sohar Port, including the establishment of a dedicated LNG jetty by Six Construct LLC Oman Branch and dredging operations led by Boskalis International Oman Branch. WSP Global – Oman branch will provide project management and site supervision for the LNG bunkering terminal. Muscat International Airport's logistics gateway also attracted significant foreign investment. Rakesh Pandey Gold LLC will develop a world-class gold refinery, while Tharwat Al Khaleej International will establish an innovation-driven drone research and training center. Additional agreements cover bonded warehouse development, advanced manufacturing, and the operation of the airport hotel for twelve years by Zahara Airport Services LLC. In Suhar, Lonestar Alpha Laboratories and Al Alami Laboratories will expand lab capacity at the logistics hub to enhance food and product safety services. Meanwhile, Al Madina Logistics and Global Integrated Equipment Company will invest in a modern truck fleet in Duqm to serve the energy sector, specifically for PDO, with an emphasis on fuel efficiency and safety. Other agreements included a new integrated public transport station in Liwa, North Al Batinah, a digital logistics platform (Darbi) to support truck drivers, and a ship refueling service at Sultan Qaboos Port. Financing partnerships with Oman's Development Bank and SME-focused initiatives were also launched to bolster emerging logistics ventures. These investments underscore Oman's commitment to building a world-class logistics ecosystem. By aligning infrastructure development with advanced technologies and sustainable practices, the Sultanate is positioning itself as a competitive player in regional and global supply chains.
Muscat Daily
30-04-2025
- Business
- Muscat Daily
Oman logistics sector gets RO100mn push
Muscat – Eighteen investment agreements worth over RO100mn were signed on Wednesday as part of efforts to expand Oman's logistics sector and position the sultanate as a regional trade hub. The deals were announced during 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. Organised by Ministry of Transport, Communications and Information Technology, the event focused on the theme 'Logistics Technologies and Investment' highlighting the growing role of advanced technologies in improving sectoral efficiency and competitiveness. Agreements signed span ports, airports, transportation and warehousing, with several projects integrating smart technology. Among the key agreements were deals with Sohar Port for LNG infrastructure, with Oman Airports to set up a gold refinery and drone research academy, and with Oman SATS to provide discounts on logistics services worth up to 50% until December 31, 2025 supporting export and re-export of perishables. On the occasion, Abdullah bin Ali al Busaidi, Acting Head of Oman Logistics Centre, said, 'We aim for the logistics sector to become the second-largest contributor to Oman's GDP.' In 2024, the logistics sector generated RO2.25bn, accounting for 5.9% of Oman's GDP. The target is to increase its contribution to RO36bn by 2040 under the Logistics Sector Strategy 2040, which focuses on market development, trade facilitation, operational efficiency, Omanisation and logistics technologies. A major announcement during the event was the signing of a framework agreement for the National Port Community System, aimed at digitalising logistics operations, linking stakeholder platforms, and improving transparency and efficiency at ports and border checkpoints. An initiative to promote e-bicycles and shared mobility was launched to improve first- and last-mile connectivity to Muscat and Salalah university campuses. Other investments include LNG berth construction, dredging and supervision at Sohar Port, and development of a drone R&D centre, tech hub and customs warehouse at Muscat airport. Oman Airports signed a 12-year deal with Zahara Airport Services to manage the Muscat airport hotel. Al Madina Logistics will expand Sohar Logistics Station and create a dedicated transport fleet for the energy sector. A new integrated bus station will be developed in Liwa in partnership with Mwasalat and the Governorate of North Batinah. Darb Investment will launch a national freight management platform to streamline trucking and last-mile delivery, while Asyad Ports, in collaboration with O Bunkering, will introduce ship-fuelling at Port Sultan Qaboos.
