Sohar Port looks to India
(Posted on 20/07/21)
SOHAR Port and Freezone, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), has launched a series of five online webinars to explore opportunities between SOHAR and the Indian market. SOHAR Port & Freezone recently released its Q1 2021 results noting growth in all categories of cargo compared to the same period the previous year. Throughput increased by 21% over the same period in 2020, dry bulk volume grew by 23.6% to almost 9 million tons, breakbulk handling grew by 6.8% to 426,783 and liquid bulk increased by 7% to just over 4 million tons.
In the following months, four more webinars will be conducted targeting the various key industries such as Food, Automotive, Plastics and Metals.
The first, ‘Accessing Industrial and Logistic Solutions to Maximize Your Market Reach’ included presentations from SOHAR Port and Freezone’s Deputy Chief Executive Officer (DCEO) and SOHAR Freezone CEO, Omar Al Mahrizi, on SOHAR’s strategic advantages, and its Free Trade Agreement (FTA) Advisor, Emmee Haun, on how to utilise SOHAR to access the US market. Guest speakers from established investors Jindal Shadeed, Sameer Gupta and Khimji Ramdas, Malvika Khimji highlighted their own success stories.
Omar Al Mahrizi, “Oman and India have enjoyed decades of bilateral trading, linked by history, culture and warm and cordial relations. As a well-connected integrated hub with established clusters, our close geographical location, coupled with prime waterfront access, leasable land options and excellent infrastructure are all key ingredients to provide Indian investors with unique business opportunities. This webinar series provides the ideal platform for us to highlight these prospects to FICCI’s vast network, paving the way for future business development and closer relations.”
An inspiring 70 Indian businesses took part in the first session, which focused on promoting access to SOHAR Port and Freezone’s strategic advantages and location to maximise market reach between India, the GCC, Africa and the US. The agenda for forthcoming webinars will be released prior to each event.
The series of webinars will provide unrivalled insight into the opportunities available to participating companies for producing or adding value to their products by partnering with SOHAR. Through the competitive utility prices, attractive incentive packages, and rich source of raw materials offered by the Port and Freezone, in addition to the benefit of the Oman-US Free Trade Agreement for duty free access on qualifying products. There is huge potential for expanding mutually-beneficial commercial partnerships between Indian and Omani enterprises.
SOHAR Port and Freezone is already home to a number of prominent Indian investors including Jindal, Larsen and Toubro (L&T), and Moon Iron and Steel Company (MISCO) and with several new infrastructure projects and investments underway, there is ample room for growth. Meanwhile, it is also heavily invested in innovative sustainability practices and projects, with an emphasis on renewable energy, one of India’s fastest growing sectors. Businesses keen to set up at SOHAR can benefit from a myriad of incentives, easy set-up facilities and take advantage of the company’s global outreach across Africa, Asia and the Middle East markets.
Latest News
Hamburg and Estonia deepen strategic port cooperation
(Posted on 29/05/26)Hamburg’s Senator for Economic Affairs, Dr Melanie Leonhard, has welcomed Estonia’s Minister... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
King and Minister open Rotterdam section of Netherlands hydrogen network
(Posted on 25/05/26)King Willem-Alexander of the Netherlands has symbolically activated the first section of the national... Read more
Collaboration to explore alternative export hub on UAE East Coast
(Posted on 22/05/26)Abu Dhabi based AD Ports Group, a leading global enabler of integrated trade, industry and logistics... Read more
Hamilton welcomes new $135-million Sucro Can sugar refinery
(Posted on 14/05/26)Sucro Can Canada and HOPA Ports marked the official opening of Sucro Can’s new sugar refinery,... Read more
New Liebherr MHC enhances Belfast Harbour’s bulk handling capabilities
(Posted on 13/05/26)Belfast Harbour has made its latest investment in the development of the port with the arrival of a... Read more
Riga and AD Ports MoU marks new phase of cooperation
(Posted on 11/05/26)A Memorandum of Understanding has been signed in Riga between Abu Dhabi-based, publicly traded global... Read more
International conference “all about ports” launches in Hamburg
(Posted on 11/05/26)As an international conference accompanied by an exhibition, all about ports will address key future... Read more
ADMA satellite agreement to enhance efficient routing of minerals and agri products
(Posted on 04/05/26)Abu Dhabi Maritime Academy (ADMA), the Middle East region’s leading academic institution for maritime... Read more
