Dredging work is ready to begin on a new port expansion project at Sohar in Oman.
An contract has been signed with Dredging International NV – Earth Moving Worldwide Ltd for the expansion of phase 1 of the Sohar Port South Construction Package I.
All together an investment of $24 million, the contract will look after the expansion of the first 50 hectares of useable land within the new port expansion, which is anticipated to be entirely finished by the fourth quarter of 2018.
The Sohar Port South Development incorporates large land reclamation, which will finally add 200 hectares in total to the recent capacity of Sohar Port, which presently stands at about 2,000 hectares.
The first phase comprises the engineering, land reclamation and stabilisation, and construction of about the 50 hectares of usable land within the port area, together with soil improvement, 1,310m of shoreline protection, navigation aids and storm water drainage.
Mark Geilenkirchen, CEO of Sohar Port and Freezone stated, “This expansion is essential for Sohar to compete on a larger scale, and highlights our emergence as a logistics hub of choice within the Middle East. The development is driven by the continued growth we’ve experienced year-on-year, and the rapid rise of the logistics sector as a whole across Oman.”
He also said, “The added land area at the port will significantly boost our abilities to handle larger volumes of cargo traffic as well as create new and sustainable jobs in Sohar.”
He mentioned, “Investors are lining up to take advantage of the additional 200 hectares being offered as part of the Sohar Port South Development.”
One of the first investors on-board is Trescorp, a Singapore-based oil and petroleum products trading organisation. In September, the company signed a pact with Sohar to work on a 45-hectare terminal for the storage, handling and blending of crude oil, diesel and fuel oil at the port.
more recommended stories
Dubai World Islands Sign Deal With A Firm In Bahrain
The developer that agreed to.
Bahrain Tourism Sector Going Through Huge Declines
Bahrain’s tourism market is going.
Abraaj Group investors are looking to hire a new manager
A group of investors in.
Saudi Arabia to dig a canal along the border of Gulf rival, Qatar
Saudi Arabia is planning on.