Oman to hit the road with $20B in transport infrastructure projects

Oman is set to invest about $20 billion in the country's transport sector, which remains lucrative with ongoing projects, such as road expansion and the proposed GCC-wide rail infrastructure, said a report.

The investment, which will be made over the next 15 years, is especially for developing infrastructure projects in this sector.

As many as 49 road projects are planned, worth $5.43 billion, in addition to roundabouts, flyovers and tunnels, while seven projects for construction of junctions, worth $19.4 million, are under way, reported Times of Oman, citing a report.

Research agency Ventures Onsite, which released a report on the sidelines of the Gulf Traffic Exhibition Conference awards, said that the sultanate plans to invest $50 billion in diversification plans.

The government will complete 10 major projects, that will help ease traffic on Omani roads - including the BidBid-Sur Road, a portion of the Al Batinah Expressway, Nizwa to Ibri (second stage) and Mahda to Al Rawda in Buraimi - this year, the report said.

Also, several interior roads and tunnels will be built in Al Mudhabi and Al Batinah, it added.