Oman has committed about US$14.8 billion, almost half of the country’s eight five-year development Plan for 2011-2015, to overhauling roads, ports and airports with the objective of linking the three modes of transport to improve interconnectivity.
The third annual <%$Linker:2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 4 9687 0 oLinkExternal Oman Land Transport Infrastructure Summit www.itsinternational.com/diary false /diary/?id=258d6145-25ed-4b25-9217-0d8651470da0 true false %>2013, 8-11 September, will spotlight the implementation and construction of transportation networks across the Sultanate with a focus on land transportation infrastructure, including roads, bridges, tunnels and railway.
Around US$1.1 billion worth of contracts were awarded in the road sector in 2011, and the road sector is expected to continue to play an important role in the construction sector in 2013 with firms submitting bids for more than US $600 million worth of roads projects in the fourth quarter of 2011. Infrastructure projects that have been given top priority in the 2012 budget include Al Batinah Expressway with an allocated budget of US$2.6 billion. The US$10 billion Oman railway network, to be completed by 2017, is a key component in facilitating domestic, regional and international connectivity and increasing trade exchange while developing industrial activities in the Sultanate
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Around US$1.1 billion worth of contracts were awarded in the road sector in 2011, and the road sector is expected to continue to play an important role in the construction sector in 2013 with firms submitting bids for more than US $600 million worth of roads projects in the fourth quarter of 2011. Infrastructure projects that have been given top priority in the 2012 budget include Al Batinah Expressway with an allocated budget of US$2.6 billion. The US$10 billion Oman railway network, to be completed by 2017, is a key component in facilitating domestic, regional and international connectivity and increasing trade exchange while developing industrial activities in the Sultanate
