OMAN FLEET MANAGEMENT REPORT

Oman Fleet Management Report

Oman Fleet Management Report

Introduction

This report outlines Oman's vehicle imports, their usage, statistics, and trends. Statistics and relevant data on Oman's vehicle requirements and import statistics would be highlighted and discussed. The statistics discussed in the paper would allow us to better understand the situation and assist us in suggesting remedial procedures.

Discussion

Number of Cars, Trucks Run by Diesel Imported to Oman

The imports in Oman decreased from 991.90 million OMR in October of 2012 from 1106 million OMR in September of 2012. Oman relies heavily on its vehicle imports to fulfill its domestic needs. According to the National Statistics; Oman is one of the biggest importers of vehicles in the world.

Statistics

From the period between 2004 -2012, Oman's vehicle imports averaged to 569.25 million OMR. The vehicle imports of Oman reached their long time high of 1265.30 million OMR in July of 2012. The lowest number of vehicle imports in Oman was recorded at 242.50 million OMR in the year 2005.

The major imports of Oman include commercial vehicles, luxury vehicles, heavy machine operated vehicles and so forth. In the present infrastructure, the country relies on its vehicle imports to cater its domestic needs. Oman's main import partners are Japan, China, India, Saudi Arabia and France. The table below gives an overview of vehicle imports in Oman (Trading Economics, 2013).

Oman's Import Statistics Jan 2011- March 2013

Source: Trading Economics

In the Table below, TDC 17 indicates the vehicles imports in Oman. The table also highlights the major avenues of improvement for the government of Oman and to strike a balance between its imports and exports with United Nations.

Source: Nationmaster.com (2013)

Biggest Buyers of Vehicles in Oman

Due to a developing economy, both the government and the private sector are importers of vehicles in Oman. The government needs to import vehicles for public transportation, its governmental operations while the private sector involves major corporations and private owners.

Vehicle Purchase Tenders

Because the manufacturing sector of the country is not stable and cannot cater its domestic needs. The government regularly issues vehicle purchase tenders. Most vehicle purchase tenders are pursued by private organizations and institutions i.e. hospitals, schools, organizations etc. Oman's government also makes use of such tenders to import diesel run vehicles for public transportation.

New Vehicle Requirements by Companies & Statistics

According to the Sultanate of Oman's Ministry of Commerce & Industry; a number of multi-nationals initiate their operations in the country. Construction companies i.e. Emaar have opened up their operations in the region and continue to thrive due to a decent law and order situation.

Australian exports to Oman in 2008 totalled a $ 706 million, including passenger motor vehicles valued at a$ 325 million. Sultan Qaboos is seen driving around the country with the following cars: 2 Maroon colored 2007 model Mercedes S-Class Pullman; 4 Red colored 2003 model Mercedes S600 Pullman, and 4 Maybach 62. In addition to this, his garage contains: Several Rolls Royce's, a line of Lamborghinis, a couple of Ferraris and Aston Martins, more than 20 Mercedes and Up to 10 BMWs ...