Pact signed for logistics services in Duqm port

Pact signed for logistics services in Duqm port

By Staff Reporter — MUSCAT: March 21:  Port of Duqm Company (PDC) and Duqm Ahlia Development signed a 25-year land lease agreement for a 5ha plot in the Port of Duqm concession area. Duqm Ahlia will provide warehousing and general logistic services in the Duqm Port logistic area, including trucking and customs clearance activities for a multiple of industries. The plot is strategically positioned in close proximity to the Port’s commercial quay from where majority of the goods will be imported and re-exported. Duqm Ahlia Development is a joint-stock company established by residents of  Duqm to support the development of the Duqm Special Economic Zone mega-project and make the local partners in the government plans.

Duqm Ahlia Development will also offer a wide range of ship support services, which they also intend to develop further in the Duqm area. Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications (MoTC), Chairman of the Board of Directors of the PDC, said that the first three months of 2016 witnessed an increase in the activity of ports of Duqm, Sohar and Salalah comparing to the same period last year. He explained that such increasing activity of the Omani ports reflects the continuity of trade activity despite the oil prices slump.

Shaikh Taher bin Mabkhout al Junaibi, CEO, Duqm Ahlia Development, said: “The company today signed an agreement with Mohsin Haider Darwish (MHD) to establish a logistics company in transport and warehousing, shipping and customs clearance under the name of Al Duqm Al Ahlia Logistics SAOC” which is a 50:50 ownership between both companies. The new company will build multiple stores in the ports logistics zone this year. PDC has three major roles in Duqm, first the management and the terminal operation of the Port and secondly, the management of all logistic zones in the direct vicinity of the port. PDC is also financing, developing, managing and marketing 2000ha of industrial and petrochemical zone. These zones enjoy an optimal integration with the Port of Duqm.