From Oman’s perspective the logistics and infrastructure sectors are critical components in allowing them to become a hub with the capacity to link several continents. From China’s perspective, Duqm is yet another example of how China will be able to secure better access to markets throughout the Middle East.
Geographically, Oman is a significant natural gas producer which lies strategically along the Strait of Hormuz, Gulf of Oman, Indian Ocean and Arabian Sea. In that regard Oman is geo-strategically well placed to benefit from the BRI and Chinese investment.
In recent developments, the Chinese State Councillor and Foreign Minister Wang Yi held talks in Beijing with the Omani Minister Responsible for Foreign Affairs Yousef Bin Alawi Bin Abdullah. What has always been key to the relationship between China and Oman is mutual understanding, support, cooperation and trust.
Bilateral practical cooperation between the two nations continues to develop with respect to industrial parks, energy, production capacity, science and technology, finance and ports. Oman sees China as playing a significant and positive role in regional affairs and remains strongly committed to the BRI and has signed a Memorandum of Understanding on jointly promoting the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
From our own perspective, we see a very bright future for Oman and its position within the Middle East. Furthermore the Port of Muscat, situated on the Gulf of Oman has been known since the Second Century as a strategic maritime centre, linking Asia with Africa and Europe along the ancient maritime Silk Road. Fast forward 19 centuries and Muscat looks ripe to exploit the 21st Century Maritime Silk Road.