en.Wedoany.com Reported - Oman's Minister of Transport, Said bin Hamoud al-Maawali, recently revealed that Oman is advancing nationwide road construction with a total investment exceeding 1.2 billion Omani Rials. The road construction projects include new roads, upgrades and repairs of existing roads, and routine maintenance.

The expansion of the Muscat Expressway has been included as a strategic road construction project in the 11th Five-Year Plan. The project to construct a dual-carriageway road on the Ibra Road in southeastern Muscat is currently underway, with an investment of 186 million Omani Rials. Oman's 2026 national budget has allocated 900 million Omani Rials for development expenditures, including road construction.

Oman plans to raise 850 million Omani Rials in 2026 through bonds and sukuk. The budget deficit for the 2026 fiscal year is projected to be 530 million Omani Rials, 14.5% lower than the 2025 budget.

Oman's road construction is financed through a combination of bonds and sukuk. In the financing structure for public works in the Middle East, the proportion of sukuk is showing an upward trend. Following the expansion of the road network, travel time between Muscat and the southeastern industrial zone will be reduced, and the connection efficiency between ports and inland logistics nodes will improve. Transportation costs for mining and logistics companies within Oman are entering a downward trend as road conditions improve.

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