Muscat – The transport and storage sector is maintaining strong growth momentum with its contribution to GDP rising from RO2.23bn in 2024 to RO2.35bn in 2025, reflecting a growth of 5.4%. Investments in the sector surged to RO3.4bn in 2025, up from RO2.32bn a year earlier, marking a significant increase of 46.6%, according to Abdullah Ali al Busaidi, Director General of Logistics in the Ministry of Transport, Communications and Information Technology.

The figures were announced during Logistics Day celebrations on Thursday, with investments projected to reach RO3.57bn in 2026, reinforcing the sector’s role as a key driver of economic growth.

The event also saw the announcement of 24 investment agreements across ports, airports, transport and warehousing, alongside initiatives to integrate smart technologies into the logistics sector.

Among the key deals was a memorandum of understanding (MoU) valued at RO3.5mn over five years between Thunder Logistics in Oman and RTX Allianz in Uzbekistan. The agreement aims to enhance logistics cooperation, including the transport of goods from Uzbekistan to Oman for re-export to GCC countries, Africa and other markets, while providing integrated services such as customs clearance, storage and distribution through Omani ports and free zones.

Another MoU focuses on advancing sustainable mobility solutions in Oman, exploring cooperation with China in green transport and innovation. It includes vehicle leasing and smart transport services for commercial activities in line with Omani regulations.

In addition, Mwasalat and Shabek unveiled a cooperation programme to develop ‘first and last mile’ feeder services linked to the public bus network, aimed at improving accessibility and enhancing user experience. An agreement was also signed for ship bunkering services at the Port of Duqm, covering a wide range of marine fuels including LNG, LPG, biofuels, methanol and ammonia.

Other agreements include a partnership between Transom and Holiday House for Travel and Tourismto improve travel services for people with disabilities, offering discounted services, dedicated parking and specialised transport support.

Asyad Group signed an agreement with OHI Group to provide integrated logistics services to support operations and improve supply chain efficiency.

Al Busaidi said the sector plays a central role in attracting investment and enhancing supply chain efficiency, with ambitions to become the second-largest contributor to GDP by 2040. He added that Oman’s re-export share has exceeded 20%, surpassing the 2026 target of 14%, with total re-export value crossing RO2bn in 2025.

During the ceremony, Oman Post unveiled a commemorative Diamond Jubilee stamp marking 60 years since the sultanate’s first postage stamp was issued.