By: Logistics middle east

Oman and Türkiye are intensifying efforts to strengthen bilateral trade and investment relations, with a goal of raising total trade volumes to $5 billion within five years. Central to the discussions from their recent Joint Committee meeting is a proposal to establish a dedicated Turkish Omani Industrial Zone in Oman. This initiative aims to support industrial growth and export-led development by leveraging Oman's strategic location and its free trade agreements.

The roadmap for collaboration focuses on expanding ties across key sectors including industry, transport, energy, and logistics. Both nations seek to translate political momentum into tangible economic outcomes through joint projects and strategic investments. The proposal includes improving direct import routes and utilizing Türkiye's export incentive models to enhance the industrial zone's effectiveness.

Bilateral trade has shown steady growth, increasing by 5.3% in 2024 and a further 7.8% in the first half of 2025. The number of Turkish companies operating in Oman has risen by 21%, with Turkish investment increasing by 18.7%. Officials highlighted the importance of concluding negotiations on the Türkiye-GCC Free Trade Agreement as a catalyst for regional trade, along with connecting Oman's ports and economic zones with Türkiye's logistics networks to create integrated trade corridors, particularly into African markets.