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 2018 to
  2022 Ken Research

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• 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.

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• 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.

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• 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.

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• 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
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• Contact Us Ken ResearchAnkur Gupta, Head
  Marketing Communicationssales_at_kenresearch.com
  91-9015378249

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