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Al Madina Logistics, Duqm Port sign land investment deal

MUSCAT, December 3, 2018

Al Madina Logistics Duqm Company, a leading Omani logistics services provider, and Duqm Port Company recently signed a land investment agreement at the Logistics Complex of Duqm Port in Oman's Al Wusta Governorate, said a report.

The agreement includes lease and investment of logistics land with future expansions in the logistics complex located near the Port of Duqm, where an integrated logistics centre will be established to manage logistics operations in Duqm, added the Oman Daily Observer report.

The agreement was signed at the headquarters of Sezad in Muscat. The agreement was signed by Mahmood bin Sakhi al Balushi, chief executive officer of Al Madina Logistics Duqm; and Reggy Vermeulen, chief executive officer of Duqm Port, in the presence of a number of board members and the executive team, it said.

The signing was held under the auspices of Yahya bin Saeed al Jabri, chairman of the Special Economic Zone Authority at Duqm (Sezad) and was attended by Major-General (Retd) Hassan Ihsan al Naseeb, chairman of Al Madina Logistics Duqm Company and a number of officials.

The first phase of the project includes construction of a main office building with offices for management, freight services inclusive of air, land and sea, specialised project logistics for the oil and gas sector, customs clearance as well as open yard storage for large structures and a container yard.

The second phase of the project includes the establishment of an integrated distribution centre for management of supply chain and distribution with storage zones at different temperatures and highest quality standards, added the report.

Tags: | investment | land | Duqm port | Al Madina Logistics |

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