Asyad Group and CMA CGM Group have signed a framework agreement to develop, manage and operate a new multipurpose logistics terminal in Sohar, Oman.
The agreement was signed during the official visit of His Majesty Sultan Haitham bin Tarik to France.
The partnership provides the framework for a US$400 million terminal project that aims to strengthen Oman’s position as a regional logistics hub and improve connectivity with global trade routes.
The new facility will offer integrated logistics and supply chain services while increasing cargo handling capacity at the Port of Sohar.
The partners said the project will support new regional and international trade corridors and strengthen links between Omani ports and global shipping networks.
Asyad Group and CMA CGM will combine their expertise in port operations and logistics to improve operational efficiency and expand services for customers across the region.
Eng. Abdulrahman Al Hatmi, Group CEO of Asyad Group, said the partnership supports the company’s strategy of working with leading global operators to enhance the competitiveness of Omani ports and attract new trade flows and investments.
Rodolphe Saadé, Chairman and CEO of CMA CGM Group, said the project marks an important step in expanding the group’s port and logistics activities in the Gulf.
He said the new terminal will improve regional connectivity, provide reliable inland access to key trade corridors and strengthen supply chain resilience for customers.
Asyad Group operates an integrated logistics network spanning more than 76 cities in 24 countries. Its maritime fleet includes more than 100 vessels serving over 90 destinations and connecting more than 200 commercial ports worldwide.
