Oman’s logistics group Asyad and the French shipping and logistics company CMA CGM have signed a framework agreement to develop and operate a new multipurpose logistics terminal at Sohar Port. The total investment in the project is estimated at approximately $400 million.
The agreement was signed during the official visit of Oman’s Sultan Haitham bin Tarik to France. The new terminal will expand cargo handling capacity and reinforce Sohar Port’s role as one of the country’s leading logistics and industrial hubs.
According to Asyad Group, the project is designed to boost cargo volumes and strengthen connections between Omani ports and global shipping networks. For its part, CMA CGM aims to expand its presence in the Gulf region, enhance the resilience of supply chains, and improve access to key regional trade corridors.
Sohar Port is a joint venture between Asyad Group and the Port of Rotterdam. It handles more than 3,000 vessel calls annually, processes around 75 million tonnes of cargo, and operates a container terminal with an annual capacity of 2.46 million TEU.
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