Building on its positive
momentum, SOHAR Port and Freezone has announced encouraging results for the second
quarter of 2021. Among them, it reported that the Port’s handling of goods in
and out of the Sultanate (throughput) increased by 14% over the same period in
2020 and Ship-to-Ship (STS) cargo increased by an impressive 168%.
Meanwhile, the number of handled
containers came in at 190,000 TEU in addition to 804 vessel calls, up by 18%
from the same period in 2020. The land occupancy at the freezone has also shown
a rise of 10% since the same time last year. With a number of planned projects
underway and coming up, SOHAR’s strategy to position itself as a central
logistics hub in the region is well on track.
“Although the global economy
is beginning to show signs of recovery, there is still a fair amount of
uncertainty due to the ongoing pandemic. Given these dynamics, our efforts to
refine our business scenarios in order to emerge more resilient and adaptive have
shown themselves to be well-placed and projections indicate that we are on
course to exceed the amount of cargo that passed through in 2020. The port’s
continual growth is a testament to the long-term value that we provide to our
clients as we operate safely and efficiently to serve the industrial and
economic sectors,” said Mark Geilenkirchen, Chief Executive Officer of SOHAR
Port.
Omar Mahmood Al
Mahrizi, CEO of SOHAR Freezone, Deputy CEO of SOHAR Port, added, “SOHAR’s rise to prominence has
been extremely gratifying, but for us it’s still only the beginning. In
alignment with the port’s impressive growth, we continue to make major investments
in the freezone, while promoting it, and Oman in general, as a favourable
business destination.The strategic location and an amenable trade environment presented huge
potential for our stakeholders and partners. The vision to become a prosperous
global trading hub is coming to fruition.”
SOHAR’s abundance of
energy, raw materials and world-class logistics, coupled with generous
incentives for local and international partners and the One-Stop-Shop system
for all government clearances, provides a significant advantage for business
that is sure to attract major players in the industry.
For
more information on SOHAR Port and Freezone,
visit soharportandfreezone.com