• December 09, 2019

SOHAR Signs Second Plot Lease Agreement with Matrix Prime Logistics (FZC)

Muscat, December 09, 2019: SOHAR Port and Freezone signed an agreement with Matrix Prime Logistics (FZC) on December 3, for the development of Phase 2 of the warehousing project, which commenced its operations in 2018. The agreement was signed between Omar Mahmood Al Mahrizi, CEO of the Freezone, representing SOHAR Freezone and Dawood Al Rajhi and Dr. Sahib Jasim, partners at Matrix Prime Logistics (FZC).

Phase 1 of Matrix Prime Logistics (FZC) saw an investment of over USD 1.7 million, offering customised warehousing solutions for different commercial, logistics and industrial activities. The smart designs of the warehouses allow tenants to select respective sizes and shapes that best suit their business needs. All warehouses have been designed and built to accommodate business flexibility and operational efficiency. In addition, Matrix Prime Logistics also provides services to accommodate a wide range of business requirements, including general trading “imports, exports and re-export”, warehousing, logistics, light manufacturing, spare parts warehousing and much more.

Commenting on the expansion, Omar Mahmood Al Mahrizi, said, “The signing of this agreement is a testament to the ongoing success of the existing projects in the Freezone. This, in turn, comes as a direct result of the company’s commitment to provide high-quality services and facilities to all investors to meet all their needs and ensure the growth of their projects. The availability of modern warehouses in the Freezone has contributed significantly in facilitating the logistics movement of goods between the port and the free zone, and this is an important factor for increasing the volume of goods coming to the port and thus to the Sultanate.”

Sahib Jasim stated, “We would like to extend our thanks and appreciation to the management of SOHAR Freezone for the various services and benefits they provide to the tenants in line with their efforts to support operating companies. We are also proud to be able to contribute to the cross-industry principle that is promoted at SOHAR. Additionally, the second phase of our project is scheduled to have a construction duration of 100 days with an investment value of over USD 1.2 million. We have already begun marketing the new facilities and there is a high demand from clients to reserve their space.”

For more information on SOHAR Port and Freezone, visit soharportandfreezone.com