So­har Port and Free­zone plans 200ha ex­pan­sion next year

Muscat Daily - - BUSINESS -

So­har Port and Free­zone is likely to fi­nalise the civil con­tract for adding 200 hectares of wa­ter­front acreage to the south­ern end of the port and is also look­ing to ex­pand its Ter­mi­nal D.

Speak­ing to re­porters at an event cel­e­brat­ing the 15th an­niver­sary of So­har Port and Free­zone on Mon­day, chief ex­ec­u­tive of­fi­cer Mark Geilenkirc­hen said, “We are cur­rently ex­pand­ing the port. We are adding 250 hectares of land in to­tal. Out of this 250 hectares, around 200 hectares will be ex­clu­sively for the petro­chem­i­cals sec­tor and would be de­vel­oped from the un­used seafront land, while re­main­ing 50 hectares would be de­vel­oped around Ter­mi­nal D.”

He said that So­har Port and Free­zone has al­ready floated a ten­der for com­plet­ing the civil work on the pro­posed ad­di­tion of 200 hectares of ad­di­tional land to the free­zone. “The pre­qual­i­fied bid­ders have al­ready sub­mit­ted their bids. And now we are go­ing through a se­lec­tion process to de­cide which com­pany is go­ing to do it. We are hop­ing to fin­ish the process by the end of first quar­ter of next year.”

Geilenkirc­hen, how­ever, de­clined to com­ment on the size of in­vest­ment that will be needed for the ex­pan­sion.

He said that a few com­pa­nies are al­ready lin­ing up to sign up for the land. “One Ger­man com­pany, which has al­ready signed an agree­ment for the presently avail­able land, has shown in­ter­est in the up­com­ing fa­cil­ity. I am hope­ful that they are go­ing to sign an agree­ment early next year.”

Ex­press­ing his op­ti­mism about fu­ture prospects of So­har Port and Free­zone, Geilenkirc­hen said, “We have been des­ig­nated as the fastest grow­ing port and free­zone across the globe and we do see a very bright fu­ture.”

So­har Port and Free­zone is also work­ing to­wards build­ing a quay, which will help com­pa­nies to set up their op­er­a­tions. “In an­other part of the port we have Ter­mi­nal D, where we will be build­ing a quay area so that we can house an­other six-seven com­pa­nies,” Geilenkirc­hen said, adding that So­har Port and Free­zone is get­ting tremen­dous re­sponse for the newly pro­posed area near Ter­mi­nal D.

(Mus­cat Daily)

Mark Geilenkirc­hen

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