Oman, Kazakhstan deepen trade, logistics ties

Oman and Kazakhstan have agreed to create a joint investment fund aimed at boosting trade and improving logistics and supply chain links between the two countries. The fund will be equally owned and financed by both sides and will invest in key sectors such as logistics, transport infrastructure, manufacturing, energy, mining, and healthcare.

HH Sayyid Theyazin bin Haitham Al Said, Deputy Prime Minister for Economic Affairs, Sultanate of Oman said, "We believe that this step will broaden cooperation and joint investment in priority sectors for both countries. This will, in turn, support the achievement of the objectives of Oman Vision 2040."

A major focus of the partnership is to strengthen trade routes and reduce movement and handling costs for goods between Central Asia and the Gulf region. By investing in logistics infrastructure, warehousing, transport corridors, and industrial zones, both countries aim to make cargo movement faster and more efficient.

The fund is also expected to support the development of shipping and multimodal transport links, connecting ports, rail, and road networks. This could help businesses move goods more smoothly between Kazakhstan’s inland production hubs and Oman’s ports, improving access to wider regional and international markets.

The initiative will also help create more reliable trade flows and encourage companies in both countries to expand cross-border operations. It is also expected to attract private sector participation in logistics and industrial projects.

For Oman, the partnership supports its goal of becoming a regional logistics gateway. For Kazakhstan, it offers better access to sea routes through Oman’s ports, helping its exports reach global markets more efficiently.