Asyad Group, Oman’s global integrated logistics provider, has entered into a Framework Agreement with CMA CGM Group, the France-headquartered global provider of sea, land, air and logistics solutions, to develop, manage and operate a multipurpose logistics terminal in Sohar. The agreement was formalized during the official visit of Sultan Haitham bin Tarik to France and underscores the expanding economic relationship between the two countries.
The collaboration creates a long-term strategic partnership between the two organizations, bringing together their respective expertise and operational capabilities. Through this cooperation, the partners aim to further strengthen Oman’s ports as major global trade gateways, improve operational performance and provide enhanced services to customers throughout the region. The agreement establishes the foundation for a new USD 400 million multipurpose logistics terminal in Sohar.
The project is expected to expand advanced integrated logistics services and supply chain solutions while supporting the development of new regional and international trade corridors. It is also designed to increase cargo handling volumes and deepen the connection of Omani ports with global shipping networks and key international markets.
Executives Highlight Strategic Importance of the Project
Commenting on the agreement, Eng. Abdulrahman Al Hatmi, Group CEO of Asyad Group, said, “This partnership reflects Asyad Group’s vision of building strategic collaborations with major global companies to enhance the commercial attractiveness of Omani ports and maximize the economic value of their assets. This cooperation will open new horizons for attracting trade flows and quality investments to ports, and free and economic zones, and strengthening Oman’s position in global supply chains, in support of the Sultanate’s objectives to establish its position as a pivotal center for trade and logistics services at the international level.”
Rodolphe Saadé, Chairman and CEO of CMA CGM Group, said, “This partnership with Asyad Group marks an important step in the development of our logistics and port activities in the Gulf. By developing a new logistics terminal at Sohar, we will strengthen regional connectivity while securing reliable inland access to key trade corridors.”
Asyad Expands Global Logistics Reach
The planned multipurpose logistics terminal builds on Asyad Group’s extensive international logistics network. The company operates an integrated logistics ecosystem covering more than 76 cities across 24 countries. Its operations are supported by a maritime fleet of over 100 vessels serving more than 90 destinations worldwide and linking over 200 commercial ports.
Alongside its shipping and logistics activities, Asyad operates and manages multiple ports, free and economic zones, as well as major logistics infrastructure projects. The continued expansion of its business portfolio and logistics services reflects Oman’s ambition to strengthen its role as a bridge connecting East and West. Through the development of the new multipurpose logistics terminal, the group continues to advance that objective while reinforcing the country’s position in international trade and logistics.
