Ministry of Transport to implement over 240 projects under Oman Vision 2040

  • Date: 28-Aug-2023
  • Source: Times of Oman
  • Sector:Transport
  • Country:Oman
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Ministry of Transport to implement over 240 projects under Oman Vision 2040

MUSCAT: The Ministry of Transport, Communications and Information Technology is executing over 240 projects under 19 programmes as part of the Oman Vision 2040, according to Dr. Saif bin Said Al Sinani, Director General of Planning at the Ministry of Transport, Communications and Information Technology.

He also said that the ministry is executing 35 investment projects and initiatives related to economic diversification, financial sustainability, private sector, investment and international cooperation.

“These projects and initiatives are aimed to attract investments and increase the revenues of the infrastructure for transport, logistics, communications and information technology sectors,” said Al Sinani.

He said that the projects and initiatives include construction of infrastructure in partnership with the private companies in transport sector for roads or specialised ports, operation of existing ports such as the ports of Khasab, Shinas, Al Suwaiq and Dhalkut, and provision of marine and land services among others.

Al Sinani reaffirmed that all these projects and initiatives aimed to attract local and foreign investments to generate revenues and are associated with key performance indicators that are measured regularly to achieve the priorities of economic diversification, financial sustainability and creation of new job opportunities.

The ongoing road projects across the Sultanate of Oman under the current five-year development