24 New Investment Agreements and 9 Initiatives Signed: What This Means for Business Growth and Opportunities in Oman
Under the patronage of Anwar bin Hilal Al Jabri, Minister of Commerce, Industry and Investment Promotion, Oman marked World Logistics Day on April 30, 2026, unveiling key indicators that highlight increasing investor confidence and the sector’s rising appeal.
The transport and storage sector’s contribution to GDP reached approximately RO 2.23 billion in 2024 and grew by 5.4% to RO 2.35 billion in 2025, with ambitions to hit RO 3 billion by 2026. Investments surged significantly from RO 2.32 billion in 2024 to RO 3.4 billion in 2025, a 46.6% increase, aiming for RO 3.57 billion by next year. Oman’s share in re-exports also climbed by over 20%, surpassing the initial target of 14% set for 2026, with re-exports valued at RO 1.71 billion in 2024 and expected to exceed RO 2 billion in 2025.
Eng Abdullah bin Ali Al Busaidi, Director General of Logistics at the Ministry of Transport, Communications and Information Technology, underscored the sector’s pivotal role in the national economy, emphasizing its contribution to cross-sector integration and operational efficiency.
A dialogue session titled “Opportunities and Future Prospects for the Logistics Sector” offered stakeholders a platform to discuss enhancing investments, localizing industry, attracting foreign businesses, strengthening capabilities, and embracing advanced technologies.
In commemoration of the third annual Logistics Day, a Diamond Jubilee stamp artwork was unveiled, celebrating 60 years since the first Omani postage stamp, redesigned by artist Mu’ayyad al Fannah.
The event also marked the completion of the strategic merger between O Bunkering and Marafi Services, anticipated to boost local value and sustainability in Oman’s maritime sector in alignment with Oman Vision 2040.
Twenty-four investment agreements were announced across ports, airports, transportation, warehousing, and smart logistics technologies. Notably, a RO 3.5 million five-year MoU was signed between Thunder Logistics and Uzbekistan’s RTX Allianz to streamline cargo movement through Oman’s ports and free zones to the GCC, Africa, and beyond. Additionally, an Omani-Chinese MoU was signed to collaborate on sustainable mobility and green transport solutions.
A joint initiative between Mwasalat and Shabk aims to develop first- and last-mile feeder services to better integrate public transport and improve user experience. Another agreement covers bunkering services at the Port of Duqm, offering a wide range of conventional and alternative marine fuels, while Smart Box and GENAC signed an MoU for commercial cooperation.
Reggy Vermeulen, CEO of the Port of Duqm, highlighted the port’s recent increase in cargo volumes and efficient backlog clearance, alongside two new bunkering agreements with SMEs, spotlighting support for SME growth and job creation.
Accessibility initiatives were launched by Transom and Holiday Home Travel and Tourism to facilitate services for people with disabilities, including discounts, free parking, and assistance.
Asyad Group inked an agreement with OHI Group to deliver integrated logistics services encompassing door-to-door transport, customs clearance, and supply chain solutions both locally and internationally.
Nine additional initiatives were revealed, including the launch of the ‘GLS’ digital handling platform at Salalah Central Market and the ‘TAS’ truck scheduling system to enhance port efficiency and reduce congestion. Asyad also introduced the ‘Safe Green Corridor’ connecting Salalah Port and Khazaen Dry Port to ensure smooth container movement.
Promotional offers announced included shipment discounts of 25% to 50% by SalamAir in partnership with World Cargo Solutions from May 1-7, 2026, long-term parking promotions by Oman Airports, and discounted service packages from International Rent Car and Transom Handling.
The event concluded with the 2026 Best Practices in the Logistics Sector Awards: Khazaen Central Market won first place in the Omani Products and Services category; Innovative Hydrogen Company led the Net Zero category; other winners included Al Tasneem Group (Health and Safety), Tabashir Al Ezz International Company (Omanization), and Nafith Logistics (Continuous Improvement and Innovation).
The celebrations underscored the transport and logistics sector’s vital role in Oman’s economic development and ongoing transformation.
Special Analysis by Omanet | Navigate Oman’s Market
The robust growth and strategic investments in Oman’s transport and logistics sector, marked by a 46.6% investment surge and exceeding re-export targets, signal significant opportunities for businesses to capitalize on an expanding hub for regional trade and supply chain efficiency. Entrepreneurs and investors should focus on leveraging technological innovations, sustainable mobility, and enhanced port capabilities to stay competitive and tap into cross-border commerce. Additionally, the emphasis on SME support and green initiatives presents promising avenues for future-oriented, sustainable growth aligned with Oman Vision 2040.
