10 sectors to be prioritised: Oman Global Logistics
STRATEGY: OGL is working to formulate a national markets development plan to help achieve the short, medium and long-term ambitions
outlined by Ahmed Said Tabook, Programme Director — Markets, Oman Global Logistics Group, at a key forum held in the city last week.
Also as part of the National Logistics Strategy, OGL is working to formulate a national markets development plan to help achieve the short, medium and long-term ambitions and targets set out in the national logistics roadmap, said Tabook.
Notable are government’s ambitions to lift the logistics sector’s contribution to the GDP to RO 3 billion by 2020, RO 8 billion by 2030 and RO 14 billion by 2040. It also envisions the growth of air cargo to 0.35 million tonnes by 2020, rising to 0.75 million tonnes by 2030 and 1.5 million tonnes by 2040. Sea cargo, on the other hand, is projected to surge to 58 million TEU by 2040, up from 27 million TEU in 2030, and 10 million TEU in 2020.
To help achieve these ambitious goals, the Markets Department has set out four key objectives: to provide market intelligence and trends analysis; carry out segmentation and targeting of promising sectors and geographies; develop a competitive logistics product offering; and ultimate design, develop and promote an Omani Global Logistics Brand.
These objectives will support the achievement of logistics sector goals in terms of GDP contribution, employment generation, trade value creation, and the position of Oman as a logistics hub, said Tabook.
Significantly, Oman Global Logistics Group has set itself a number of targets for implementation during the course of this year, according to the