Tender Issued For Infrastructure Works At Muscat Airport Free Zone
Oman's Asyad Group, a prominent global integrated logistics provider, has taken a significant step in enhancing the nation's logistics infrastructure by issuing tenders for the initial phase of the Muscat International Airport Free Zone project. This move signals an open invitation to private entities to engage in a pivotal logistics project poised to bolster the sultanate's economic development, according to a statement from Asyad Group.
The Muscat International Airport Free Zone is anticipated to significantly boost air freight access and logistics. It is envisioned as a crucial component of Asyad's integrated logistics ecosystem, improving connectivity across land crossings, seaports, free and economic zones, and the dry port within Oman. The project underscores Oman's strategic vision to establish itself as a leading global logistics hub and an attractive destination for foreign direct investment by offering unparalleled commercial and tax incentives.
Aligned with the objectives outlined in Oman Vision 2040, Asyad Group emphasises its dedication to fostering partnerships within the private sector through this initiative. This approach reflects the group's strategy to involve private companies in Oman's economic and logistics sector growth. Following an agreement in December of the previous year to manage, operate, and develop the free zone, Asyad Group has shown significant progress in advancing its plans to support Oman's economic expansion.
The scope of the infrastructure development work includes, but is not limited to, site clearance, earthworks, site grading, and the construction of access roads, entry points, and utilities. This interconnected network of logistics hubs will provide exceptional support for air freight and seamless access to global supply chains, making it an ideal platform for transporting pharmaceuticals, food products, e-commerce shipments, and other goods.
Faisal Ali Al Balushi, Director (Muscat International Airport Free Zone) at Asyad Group, extended an invitation to local companies to participate in this key project. "We invite all local companies to submit their bids and take part in this vital project, and we look forward to building our partnership with the private sector. This free zone will offer an excellent opportunity for Oman's private sector to grow and capitalize on the competitive advantages and investment prospects it offers," Al Balushi remarked.
He further highlighted the collaborative nature of the new free zone, stating, "The new free zone is a collaborative undertaking that we aim to deliver together with private partners. It reflects Asyad Group's unwavering commitment to developing our partnership with the private sector to build Oman's leading air logistics hub, drive economic growth, and unlock limitless opportunities for SMEs in the logistics industry."
The Muscat International Airport Free Zone project represents a strategic endeavor by Asyad Group to enhance Oman's logistics capabilities and economic prospects, serving as a testament to the nation's forward-looking vision and commitment to fostering private sector participation in its economic development.
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