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FINANCIAL NEWS
Oman to invest in logistics sector
09 Jun 2016
(MENAFN) Oman proclaimed that it will establish a firm, Oman Global Logistics Group SAOC, in order to invest in ports, free zones, railways and land transport firms.
Moreover, the firm will be the government’s development arm and will play a major role in making big chances to raise the contribution of logistics sector.
In addition, the aim is to organize investment and development objectives and exploit the assets capabilities and potential to maximize the return on investment.
Meanwhile, the Sultanate will develop the logistics sector among massive infrastructure investments several industrial zones and world-class ports.
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