Transport Infrastructure, Road Freight Industry, Sea Freight Market in Oman, Air Freight Cargo Handled Oman, Throughput freight Forwarding Oman: Ken Research - PowerPoint PPT Presentation

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Transport Infrastructure, Road Freight Industry, Sea Freight Market in Oman, Air Freight Cargo Handled Oman, Throughput freight Forwarding Oman: Ken Research

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Oman freight forwarding market is expected to register a positive CAGR of 3.6% during the forecast period 2018-2022. The recent improvement in the ease of doing business ranking of Oman will facilitate more FDI into the country and companies will be looking to gain advantage of its rapidly developing logistics infrastructure to gain market share in GCC region. – PowerPoint PPT presentation

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Title: Transport Infrastructure, Road Freight Industry, Sea Freight Market in Oman, Air Freight Cargo Handled Oman, Throughput freight Forwarding Oman: Ken Research


1
  • Oman Freight Forwarding Market is Expected to
    Register a Positive CAGR of 3.6 during 2018 to
    2022 Ken Research

2
  • Analysts at Ken Research in their latest
    publication Oman Freight Forwarding Market
    Outlook to 2022 By Freight Movement (Sea, Road,
    Air and Rail Freight) By Normal and Express
    Delivery By International and Domestic Freight
    By International Flow Corridors (Asian Countries,
    NAFTA Countries, European Countries and Others)
    believe that increasing the number of channel
    points, strengthening infrastructure connections,
    improving service quality in terms of training
    the personnel and promoting railways for freight
    transportation will have a positive impact on
    market.
  • The Sultanate has been aiming to grow the
    contribution of logistics sector to the GDP from
    current RO 1.1 billion to RO 3.3 Billion
  • Sea is by far the most popular medium for moving
    freight within the country however, with
    increasing trade among GCC countries and
    integration of regional economies, road freight
    will capture significant share in the future.

3
  • The Oman government aims to position the
    Sultanate as a vital logistics center by 2040
    under SOLS 2040 for its strategic logistics
    positions such as Duqm, Sohar, Salalah, and
    Muscat, high quality infrastructure,
    competitiveness and qualified human resources in
    this sector. The large-scale logistics
    development project in the country launched by
    the government will harmonize free zone ports,
    railways, maritime transport and road transport
    infrastructure as part of the development of a
    logistics-based economy that will play a major
    role in creating significant growth opportunities
    to increase the sector's contribution in GDP.
  • Sea freight has the major share of Omani freight
    market, however, with the rising level of trade
    among the GCC nations, major emphasis has been
    placed on developing rail and road network that
    will increase the efficiency of logistics and
    reduce the cost. Efforts are on going to connect
    the three major economic gateways at Sohar, Duqm
    and Salalah with GCC rail network. Oman Rail is
    studying plans for a 375km train line to
    transport minerals between the Shweimiyah area in
    Dhofar Governorate and Port Duqm.

4
  • The country exports significant amount of Mineral
    fuels and derivatives, Vehicles Parts and
    Accessories, Organic chemicals, Aluminum and
    articles, Fertilizers, Iron and steel to other
    countries and imports machinery and mechanical
    appliances, vehicles- parts and accessories,
    mineral fuels and derivatives, electrical
    machinery and equipment and parts, articles of
    iron or steel, natural or cultured stones and
    metals etc. from other countries, thus creating a
    positive impact on Oman freight forwarding
    market.
  • Oman freight forwarding market is expected to
    register a positive CAGR of 3.6 during the
    forecast period 2018-2022. The recent improvement
    in the ease of doing business ranking of Oman
    will facilitate more FDI into the country and
    companies will be looking to gain advantage of
    its rapidly developing logistics infrastructure
    to gain market share in GCC region.

5
  • For more information on the research report,
    refer to below link
  • https//www.kenresearch.com/automotive-transportat
    ion-and-warehousing/logistics-and-shipping/oman-fr
    eight-forwarding-market/149658-100.html
  • Related Reports
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  • Contact Us Ken Research Ankur Gupta, Head
    Marketing Communications sales_at_kenresearch.com
    91-9015378249

6
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