logo
#

Latest news with #SOLS

New Oman Logistics Academy unveiled
New Oman Logistics Academy unveiled

Observer

time13 hours ago

  • Business
  • Observer

New Oman Logistics Academy unveiled

MUSCAT, JUNE 21 Oman Logistics Academy, a new initiative dedicated to the development of the Sultanate of Oman's logistics services sector, has been established. The Academy, founded through a public private partnership and in collaboration with specialised international training institutions, aims to prepare national talent and equip them with the professional skills needed to work across all logistics services, including transportation, distribution and warehousing, supply chain management, customs clearance, cargo handling, packing and packaging, railway operations, cold chain transport, as well as logistics technology, contract management, and procurement. The facility will provide vocational education and training programmes designed to meet the highest global standards. It is expected to close the professional skills gap in the local market, increase Omanisation rates in the logistics sector through training linked employment programmes, and support the Sultanate's ambitions to become a regional logistics hub in the coming years. The launch aligns with the government's plans and the broader objectives of the Oman Logistics Strategy (SOLS) 2040, which positions the logistics sector as a key driver for diversifying the national economy and reducing reliance on oil derivatives. Initial programmes will focus on practical training, short courses, and diploma certifications tailored to industry needs. Future plans include the introduction of advanced logistics technology modules and executive level education. The Academy will also work with logistics companies to facilitate internships and hands on training. The launch coincides with rising investment in Oman's transport and logistics infrastructure, including upgrades to ports, free zones, and industrial cities. By building a qualified local workforce, the initiative is designed to boost the sector's operational efficiency and long term sustainability in line with national development goals. Oman's logistics sector already plays a significant role in the national economy. It contributed RO 1.7 billion, around 6.1 per cent of GDP, in the first nine months of 2024 and employs over 79,000 workers. Under SOLS 2040 targets, the sector aims to reach RO 14 billion in GDP contribution, approximately 7 per cent of GDP and create up to 300,000 jobs by 2040. Infrastructure expansion is a key enabler: projects include the Duqm terminal capable of handling 26,000 TEUs, enhanced connectivity at Salalah and Sohar ports, and the planned Gulf Railway link with the UAE. These developments reinforce Oman's position at the crossroads of Asia, Africa, and Europe, supporting its ambition to become a world-class logistics hub.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store