|18 December, 2018

Oman working towards creating 300,000 jobs in logistics sector by 2040

Currently Oman is ranked 43rd in the global logistics sector index but by 2040 we expect the sector to be the ranked 10th.

Renaissance Services has opened Renaissance Village Duqm, its 16,960-bed worker accommodation complex located in Duqm’s special economic zone. Image for illustrative purposes.

Renaissance Services has opened Renaissance Village Duqm, its 16,960-bed worker accommodation complex located in Duqm’s special economic zone. Image for illustrative purposes.

UMS Oman/handout via Thomson Reuters Projects
Muscat: Over 300,000 jobs could be available by 2040 in the logistics sector, officials at the National Programme for Enhancing Economic Diversification (Tanfeedh) have said at a press conference.
 
Nabil Al Bimani, Group Chief Ports and Free Zones Officer said that currently Oman is ranked 43 in the global logistics sector index but they plan to change that soon.

He said, “We predict that by 2040 the logistics sector could provide job opportunities for 300,000 people,” adding, “Currently Oman is ranked 43rd in the global logistics sector index but by 2040 we expect the sector to be the ranked 10th.”

Talking about the meeting, His Excellency Dr Khamis Al Jabri chairman of the implementation and Follow-up Support Unit (Tanfeedh) said, “Today, we will be presenting you with the outcomes and stages of all the projects, since the launch of Tanfeedh two years ago.”
 
The meeting was attended by government office representatives who supervise each sector, they shed light on the recent achievements of their sector. Representatives from Asyad, Capital Market Authority, Oman Central Bank, Ministry of Oil and Gas and Ministry of Manpower among others were present at the event.

 

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