Sohar Port and Freezone has signed a development agreement with Hutchison Ports Sohar which will see a joint feasibility study for the expansion of Sohar Port, Oman.
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.
The addition of a new container terminal capable of receiving mega-vessels is included within this feasibility study which will help to enhance the competitiveness of Sohar Port at both regional and global levels.
Sohar Port has been witnessing a growing occupancy rate and so, in order to enable it to keep pace with future developments, efforts need to be enhanced to increase its capacity.
New areas are expected to increase the attractiveness of the port and will comprise of the necessary infrastructure to attract important international shipping lines.
The successful implementation of the project is set to bring in sustainable economic and social benefits for the Sultanate as a whole, in partocular the Governorate of North Al Batinah.
Hutchison Ports Sohar is a joint venture between Hutchison Ports, the government of the Sultanate of Oman and a number of well-established Omani and overseas investors.
It is situated in the Port of Sohar, outside the Strait of Hormuz in the Gulf of Oman, approximately 200 km from Muscat and 160 km from Dubai.