Importance of investment in road projects highlighted

Business Monday 09/March/2026 16:56 PM
By: ONA
Importance of investment in road projects highlighted

Muscat: The Ministry of Transport, Communications and Information Technology on Monday organised a gathering during which reviewed the objectives and technical and economic scopes of investment road projects.

The event reflected the Ministry’s keenness to enhance partnership with the private sector and develop road infrastructure in accordance with the best global practices.

The gathering reviewed the mechanism of submitting investment bids and the requirements participation in a manner that enabled investors to learn about available investment opportunities in this vital sector. It also included discussion session during which queries from investors and participating companies were discussed. The session outlined technical, financial and regulatory aspects related to projects.

The Ministry of Transport, Communications and Information Technology affirmed that these projects form part of initiatives aimed to expand the participation of the private sector in implementing infrastructure projects, contributing to economic development and boosting the efficiency of the road network in the Sultanate of Oman.

The meeting was attended by Eng. Said Hamoud Al Maawali, Minister of Transport, Communications and Information Technology, government officials, investors and representatives of private firms.