The Oman Aviation Investment Forum examined key investment opportunities in the aviation sector and emphasized the importance of strengthening public-private partnerships, developing land, and commercial and logistics activities around Muscat, Salalah, and Sohar airports as integrated economic hubs.
Forum Hosting and Officials' Attendance
This event, hosted by the Oman Civil Aviation Authority at its headquarters in Muscat, brought together government representatives, operators, investors, and small and medium-sized enterprises (SMEs) to assess readiness for the National Aviation Strategy 2040. The forum focused on airport cities, free zones, logistics services, foreign investment, emerging technologies, advanced air mobility, and the development of national talents to support Oman Vision 2040.
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Signing of Important Agreements
Engineer Nif bin Ali Al Abri, Chairman of the Oman Civil Aviation Authority, emphasized the vital role of the aviation sector in connecting Oman with global markets and economic diversification. He noted that the National Aviation Strategy 2040 serves as a roadmap for implementing 39 initiatives and three phases, aiming to attract massive private sector investments worth 11.7 billion Omani Rials by 2040.
During this forum, several important agreements and memoranda of understanding were also signed. The Oman Civil Aviation Authority signed a 35-year agreement with Oman Airports Management Company for the operation, management, and development of Muscat International Airport, Salalah Airport, and Sohar Airport to enhance operational efficiency, passenger experience, and Omanization.
Additionally, a 20-year agreement was signed with GMF AeroAsia of Indonesia for the management and maintenance of repair and periodic inspection facilities at Muscat International Airport, transforming it into a regional maintenance hub. Furthermore, an agreement was made between the Oman Aviation Academy and the Arab Aviation Academy, and a memorandum of understanding was signed between GMF AeroAsia and Mac Aerospace International for the development of maintenance capabilities and aircraft training.
The event concluded with panel discussions on the investor journey from opportunity to operation, capital and partnerships, and the role of national competencies as key facilitators of investment in this sector.
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