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SOHAR Port and Freezone

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SOHAR Port and Freezone

SOHAR Port and Freezone is a deep-sea port and adjacent free zone in the Middle East, located in Liwa, Sultanate of Oman, despite the name. With current investments exceeding $26 billion & a footprint of over 4,500 hectares, it is one of the world's fastest growing port and free zone developments and lies at the centre of global trade routes between Europe and Asia.

The Port handles over one million tonnes of sea cargo each week and around 3,500 ships a year; it is equipped with deep-water jetties capable of handling some of the world's largest vessels, for example the Valemax class of dry bulk carriers.

Geography

The Wilayah of Liwa lies in the centre of the Al Batinah North Governorate, in the North of Oman. This provides SOHAR Port with a strategic location outside the Strait of Hormuz - the stretch of water providing the only passage between the Persian Gulf and the Indian Ocean, and an important means of sea transportation linking the Gulf region to India, the rest of the Middle East, China and South East Asia, as well as Europe.

History

His Majesty Sultan Qaboos bin Said, set up a Ministerial Committee to develop the Port of Salalah (previously called Raysut) and establish a new Port in Sohar in 1995.

Informal advisory work began from 1998 to 2000 in close cooperation with the Ministry of Transport and Communication. Subsequently, the first phase of the port was developed by the Omani Government.

In 2002, the Government of Oman and the Port of Rotterdam signed an MoU to develop a concession agreement for SOHAR Port, in July 2002. The Royal Decree 80/2002 ratified the Concession Agreement of Sohar Port and was issued in August of the same year.

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