Oman Freight Transport Report 2016
Oman is likely to see a steady upward growth in air freight handled in the short to medium term asinternational trade gains momentum whilst growth in road freight will see a drop in tonnage by 2020.
Though the two sectors will see important investment taking place over the coming years in a bid toincrease Oman's trading capacity and further diversify away from oil the low oil prices will continue toimpact negatively on the country's economy.
Overall economic growth in the country will be hampered by the effects of low oil revenues on the publicfinances. However it is predicted that over the coming years, the Omani government will make far-reachingefforts to build a recovery strategy which will included investing in the non-oil trade sector and revampingtransport and logistics services in the country. Both a healthy banking sector and high domestic savingshave been recognised as two factors contributing to resilience and stability in the country.
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