SOHAR Port and
Freezone hosted the third webinar in its series with the Federation of Indian
Chambers of Commerce & Industry (FICCI) with a focus on the growing metals
industry. The webinars have increased visibility in the Indian market and
highlighted the potential avenues for further trade between SOHAR and Indian
businesses by highlighting SOHAR Port and Freezone’s strategic advantages, the
opportunities in downstream metal operations and sharing success stories from Indian companies based in and already
trading with SOHAR.
The webinar featured presentations
from Robert Bartstra, Commercial Manager at SOHAR Freezone, Mohammed Al Kindi,
Commercial Officer at SOHAR Freezone and representatives from leading worldwide
freight and logistics operator C. Steinweg Oman LLC, located within the port.
There was also a panel discussion on the topic of ‘Metals in SOHAR – Industrial
Solutions’ with speakers fromAl Tamman Indsil Ferrochrome LLC Jindal Shadeed
Iron and Steel LLCand Sohar Aluminium, all based at SOHAR.
Omar Al Mahrizi, CEO of SOHAR
Freezone, said, “SOHAR has access to an abundance of raw materials and
reliable, affordable energy to facilitate primary, secondary and downstream
metals projects. Over 50% of the industrial tenants within SOHAR are involved in
the metals industry, including iron and copper among others, and the production
of pellets, billets and liquid metal, and we are always looking to expand the
possibilities to grow the cluster. Companies basing themselves here can take
advantage of the free trade agreement with the United States of America,
prominent anchor businesses and a steady flow of high-quality raw materials
imported through the adjacent port. Our series of webinars have already been
successful in generating leads between clients and potential new tenants for
the freezone, and we look forward to following up on the new ways SOHAR can
benefit businesses in India’s metals sector by providing a thriving gateway to
new markets.”
Mr Arnab Hazra,
Deputy Secretary General, Indian Steel Association who represented FICCI,
added, “The success of the webinars so far has had a profound impact on the way
companies in India view doing business with SOHAR. The vast market reach has
the power to transform the metals industries by providing world-leading
logistics, warehousing, raw materials and downstream opportunities in a single
location and bring Oman and India even closer together as trade partners. The
chance to expand the fast-growing metals industries using SOHAR Port and
Freezone as a regional transit point to connect Indian businesses to 550 ports
around the world, which makes it a base for companies looking to expand into
the growing markets across the GCC, East Africa and into Europe and North
America. The webinar series offers valuable insight into the possibilities for
companies to invest in SOHAR and the mutual benefits available to metals
producers and suppliers from those who have already found success in the
market.”
SOHAR Port and Freezone has
continued to invest in the import and export of raw materials and goods
produced in Sohar. Indian metal companies account for 45% of the total
investment in SOHAR and the growth of new and expanding industries offers
access to world-class functional connectivity and entry into global markets for
growing industries. Recent expansion into the automotive industry through a new
cluster at the freezone offers more opportunity to reach new customers within
the region, as does further exploration into packaging for the growing food
cluster.
The Freezone is equipped with
warehousing and leading logistics service providers and is a growing transport
hub for receiving goods for distribution within Oman, the Gulf region and
around the world. SOHAR offers access to abundant raw materials as well as
attractive incentives for tenants in all industries. For more
information about the opportunities and advantages available at SOHAR Port and
Freezone, please visit soharportandfreezone.com.