Move to strengthen the company’s presence in the GCC and services to its customers
FedEx Express has announced its expansion in the Gulf Cooperation Council (GCC) countries, transitioning to a direct presence in the Sultanate of Oman. FedEx Express has been facilitating trade in Oman since 1993 by offering its services through a local service provider.
“We see great potential as Oman continues to evolve into a key logistics powerhouse in the Middle East and beyond. With access to our unparalleled Middle East road network and the world’s largest air express network, FedEx Express connects Oman directly to the rest of the world,” stated Jack Muhs, Regional President, FedEx Express-Middle East, Indian Subcontinent and Africa.
This announcement by FedEx Express supports the country’s coordinated efforts and broader strategy to diversify the national economy. The logistics sector is a key contributor towards employment, investment and overall economic growth in the Sultanate, and a critical part of the nation’s future growth.
In 2018, the Muscat International Airport invested in a new terminal, following the government’s expansion plans in the aviation sector. According to a recent report by the World Economic Forum, Oman ranks 8th globally in road infrastructure, while inflows of foreign direct investment and major infrastructure developments are the driving forces for the nation’s sea ports.