SOHAR leads Oman’s diversification
Oman’s SOHAR Port and Freezone is capitalising on a shortage of space at other regional ports by expanding and transforming
SOHAR, pivotal to Oman’s economic diversification strategy, has multiple developments planned, including the leasing out of its large Terminal 2D. The land area was initially developed in 2009 as a container terminal expansion but has now been dedicated to businesses involved in the logistics and metal sectors.
The waterfront location hosts an area of a 100 hectares with easy access to cool water and the surrounding industrial clusters.
Strategically located by the sea, Terminal 2D is regarded as an ideal location for businesses wanting to take advantage of the deepwater facilities and the accessibility of logistic services surrounding SOHAR Port and Freezone.
Commenting on the potential of Terminal 2D, Mark Geilenkirchen, chief executive of SOHAR Port and Freezone, said: “SOHAR is strategically positioned at the centre of global possibilities and has a consumer reach of over 2.2bn across Africa, Asia and the Middle East. Potential customers are generally based outside Oman, so we aim to garner as many opportunities as possible to support them in setting up at SOHAR. Additionally, with the help of our One-Stop-Shop [OSS] facility and the benefits we offer, investors will receive a favourable return on investment.”
SOHAR Port and Freezone’s OSS acts as a single window for clients to obtain all necessary documentations and operate their businesses efficiently and effectively. It provides multiple key amenities (including company registration and licensing, plot work and labour permits, visas, etc) under a single window to deliver high-quality services.
“With several regional ports currently running out of space, SOHAR still has the capacity to further expand and attract prospective investments. Clustering is an innovative form of business. Therefore, the close proximity to our petrochemical, logistics and food clusters will also support the creation of upstream and downstream opportunities for further business developments. Moreover, as the Port and Freezone are both managed under a single entity, this allows for a seamless connection between the two, while also enhancing efficiency for feedstock imports and product exports,” Mr Geilenkirchen added.
For more information on SOHAR Port and Freezone, visit soharportandfreezone.com