A feasibility study will be carried out for the expansion of SOHAR Port alongside the addition of a new container terminal capable of receiving mega vessels.
SOHAR Port and Freezone signed a development agreement with Hutchison Ports Sohar to carry out a joint feasibility study for the expansion at the Oman port. This month, Hutchison Ports has also signed an agreement to invest in and operate JCPDI Port in Saudi Arabia.
Hutchison Ports Sohar said: “SOHAR Port is currently witnessing a growing occupancy rate and efforts should be enhanced to increase its capacity, to enable it to keep pace with future development. The addition of new areas will increase the attractiveness of the Port and comprise the necessary infrastructure to attract important international shipping lines.”
The feasibility study will commence this year and will assess the social, environmental, logistical, In-Country Value and economic impacts of any future expansion. Moreover, it will provide a clear roadmap for future expansion to meet the needs of the growing local and regional economy.
A joint venture between Hutchison Ports, the Government of the Sultanate of Oman and multiple investors, the Port of Sohar-located Hutchison Ports Sohar is a modern container-handling facility capable of accommodating the latest generation of mega-vessels.
The study is being carried out in line with Oman’s efforts to increase revenue from the logistic sector, in accordance with the objectives of ‘Oman Vision 2040’.
