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dah and Madinah, with the development of pre-built warehouses for logistics services
providers and other clients.
WPL has expanded its portfolio
into built-to-suit warehouses and
warehousing design, through
collaboration with an international consulting firm, complemented with third-party logistics
(3PL) services. Warehousing
Solutions LLC will develop and
manage the new warehouse
park at SOHAR Freezone —
one of WPL’s first major ventures outside the Kingdom.
The signing took place at the
annual SOHAR business reception, which was held in Muscat
on Tuesday evening. His Excellency Sultan Al Habsi, Chairman
of SOHAR Port and Freezone,
as well as SOHAR CEOs Andre Toet and Jamal Aziz signed
the agreement with WPL Chief
Executive Abdulaziz Mansoor
Al Subaie. VIPs and guest from
the public and private sectors as well as representatives
from key diplomatic missions in
Oman attended the ceremony.
The signing marks the beginning of the construction of
12
February 2016
WPL’s planned 50,000sqm
warehouse park in SOHAR
Freezone; a further 50,000sqm
has been reserved for phase
II, taking the total size of the
land lease agreement up to
100,000sqm. Warehousing Solutions will construct ready-built
warehouses as well as bespoke
warehousing for other SOHAR
tenants on-site in the Freezone.
in Oman is projected to grow
beyond the US$12 billion mark
by 2017, and we have set out
to make 2016 our Year of Logistics, to attract more 2PL and
3PL providers to SOHAR. Longterm, thanks to our unique location, the logistics industry has
the potential to surpass the
hydrocarbons sector as the
nation’s economic mainstay.”
The new deal comes at just
the right time. Throughput at
SOHAR Port increased dramatically over 2015, with an
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