en.Wedoany.com Reported - Asyad Group, Oman's integrated logistics provider, has signed a framework agreement with France's CMA CGM to develop, manage, and operate a multi-purpose logistics terminal in Sohar. The agreement was signed during the official visit of Oman's Sultan Haitham bin Tarik to France, reflecting the deepening economic cooperation between the two countries.
Under this long-term strategic cooperation framework, both parties will combine their capabilities and expertise to enhance Oman's ports as global trade hubs and improve operational efficiency. The agreement clearly outlines the development of a new $400 million multi-purpose logistics terminal in Sohar, which will integrate advanced comprehensive logistics services with supply chain solutions. This will help strengthen regional and international trade corridors, increase cargo handling capacity, and consolidate the connection between Oman's ports and global shipping networks and international markets.
Eng. Abdulrahman Al Hatmi, CEO of Asyad Group, stated that this cooperation reflects Asyad's vision of establishing strategic partnerships with major global enterprises, enhancing the commercial attractiveness of Oman's ports, and maximizing the economic value of its assets. He believes the collaboration will open prospects for attracting trade flows and high-quality investments into ports, free zones, and economic zones, strengthening Oman's position in the global supply chain and supporting its goal of becoming a key hub for global trade and logistics services.
Rodolphe Saadé, Chairman and CEO of CMA CGM Group, stated that the partnership with Asyad marks a significant step in the company's development of logistics and port operations in the Gulf region. By developing a new logistics terminal in Sohar, regional connectivity will be enhanced, ensuring reliable inland access to key trade corridors, thereby bringing greater resilience and efficiency to customers' supply chains. He also noted that this reflects CMA CGM's confidence in Oman's long-term vision and its commitment to consolidating Oman as a strategic gateway connecting the Gulf with global markets.
Asyad Group operates an integrated logistics ecosystem covering over 76 cities across 24 countries worldwide, with a diversified maritime fleet of more than 100 vessels, extending services to over 90 destinations and connecting more than 200 commercial ports. Additionally, Asyad operates and manages multiple ports, free zones, and economic zones, a layout that reflects the growth of its business portfolio and the global expansion of its logistics services, while also reinforcing Oman's vision and position as a bridge connecting East and West. Asyad has extensive management experience in port operations, free zones, and large-scale logistics infrastructure projects. The group has been recognized by Forbes as one of the top logistics companies in the Middle East and North Africa, committed to connecting global markets through infrastructure and strategic international partnerships.
