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Home Company in Focus

SOHAR Port and Freezone hosts 15th Anniversary celebrations

by admin
November 4, 2019
in Company in Focus, Latest News, New Products, News, Ports
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SOHAR has created 10,836 direct job opportunities and contributed to 4.8% of Oman’s GDP

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SOHAR Port and Freezone recently celebrated its 15th Anniversary in a glittering ceremony at the Kempinski Hotel Muscat. The event was conducted under the auspices of HE Dr. Ahmed Mohammed Al Futaisi, Minister of Transport, alongside the presence of ministers, dignitaries, partners and members of the SOHAR Management.

“The port itself is a success story, with regard to several aspects. This especially includes its achievement of attracting large vessels and international investors, accommodating a variety of industries and handling a diverse range and size of general cargos, containers and other goods,” noted Dr. Ahmed Mohammed Al Futaisi.

“We are also proud to be ranked as one of the fastest-growing port and free zones in the world, with investments exceeding OMR 10 billion. With our strategic geographical location, providing us access to global markets with an outreach of over 2 billion people, SOHAR Port has played a vital role in line with the national Logistics Strategy 2040,” remarked Dr. Mohammed Nasser Al Zaabi, Chairman of the Board of SOHAR Port and Freezone.

An agreement was signed for the development of a truck rest area. The upcoming project will have a total investment of OMR 2.5 million (US$ 6.5mn) and will take up an area of 50,000sqm at SOHAR Freezone.

Initiated by the Ministry of Transport and spearheaded by ASYAD, the truck rest area will assist in promoting road safety after the significant increase in the number of trucks at the port. Oman Global Logistics Group ‘ASYAD’ was established in 2016 to maximize the economic and financial returns from the Government investments in ports, freezones, land and sea transport and logistics services.

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