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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Transport ministry highlights 27 investment opportunities, 6 enablers for logistics sector

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Muscat: The outcomes of the second set of workshops aimed to attract investments in transport and logistics sector were reviewed on Sunday by the Ministry of Transport, Communications and Information Technology and the Civil Aviation Authority (CAA).


The programme of workshops generated 27 investment opportunities and 6 enabling initiatives for the improvement of the logistics sector.


Organized by the Ministry and the CAA, with the support from the National Programme for Investment and Export Development "Nazdaher", the programme lasted for two weeks during which the team of organizers held meetings with relevant authorities.


Transport ministry highlights 27 investment opportunities, 6 enablers for logistics sector
Transport ministry highlights 27 investment opportunities, 6 enablers for logistics sector


During the workshops, investors and private companies had a chance to identify related challenges, shape their ideas and study investment opportunities in cooperation with “Nazdaher”.


About 250 employees from 56 government and private establishments participated in the workshops, in addition to 15 investors from Oman and abroad.


Eng Khamis Mohammed al Shammakhi, Undersecretary of the Ministry of Transport, Communications and Information Technology for Transport
Eng Khamis Mohammed al Shammakhi, Undersecretary of the Ministry of Transport, Communications and Information Technology for Transport


Eng Khamis Mohammed al Shammakhi, Undersecretary of the Ministry of Transport, Communications and Information Technology for Transport, said that the Ministry developed a schedule to invest about RO 2.5 billion in the transport and logistics sector for the period from 2021 to 2025.


He pointed out that the value of the envisaged projects stood at RO 1.4 billion. This, he said, pertains to declared or yet-to-be-floated investment opportunities.


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