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The road to growth
New transport infrastructure in Oman to drive increased trade
Oman’s government aims to overhaul the Sultanate’s transportation infrastructure – improving safety and mobility – as part of its Ninth Development Plan (2016-20). The strategy focuses on improving regional connectivity to drive increased trade and foreign investment. To support these plans, OFID has extended a US$130 million loan to finance Oman’s Alsharqiya Expressway Tunnels Project, aiming to improve connectivity between the north and eastern regions of the country, and providing efficient and safe transport flows of people and goods.