Saturday, 19 Oct 2019 | 20 Safar 1441
Ocean economy in Oman: Making it happen

Ocean economy in Oman: Making it occur

Ocean economy is a term provided to all financial activities centred about utilizing sea-water either as a imply for transportation or production.

Speaking at the inauguration of the Ocean Economy &amp Future Technology Conference at the Oman Convention &amp Exhibition Centre (OCEC), Mustafa al Hinai, CEO of Oman Aviation Group, mentioned that 4 main places have been identified exactly where added efforts will be place to create the ocean economy. The 3-day occasion started on Monday.

Tourism, logistics, fisheries and agriculture are the important places exactly where aviation sector is going to place an added work, he mentioned. “In enabling the blue ocean economy, aviation sector’s role is to integrate other sectors in Oman such as fisheries, agriculture, mining and a sort of addition to the value-chain which this sector can bring in the entire mechanism,” Hinai mentioned.

He added, “In tourism sector, we are working in connecting cruise ships to the air. So, that cruise ships travelling across oceans can be stationed at ports in Oman. Thus, Oman could become a hub for cruise ships. And tourist’s transit from airports to destined ports could happen directly. This initiative will also bring positive result to Oman’s aviation sector.”

The second priority sector is logistics, for which they are operating in collaboration with Asyad. Currently, aviation sector accounts for much less than 1 per cent of the total goods transported via the sultanate. So, there is a large possible to develop in this field, he mentioned.

Oman Aviation Group is also operating in collaboration with the Ministry of Agriculture and Fisheries. “We can extract potential benefits out of these sectors by providing them access to major markets through our network,” he mentioned, although adding that rewards of ocean economy are not restricted to fisheries alone. There are a quantity of goods that can be derived from the sea.

Information Source: Muscat Daily

Check Also

Over 100 businesses to feature at Thai Trade Exhibition

Over 100 businesses to feature at Thai Trade Exhibition

Over 100 businesses - food and beverages, beauty products, fashion and accessories, perfume and oud oil, diamond, jewellery, hair care, health and wellness amongst others - will be the highlight of the Thai Trade Exhibition that will start on Tuesday.