Oman is positioned at the crossroads of two important waters; the Arabian Sea and Indian Ocean, through which a substantial volume of global shipping and trade passes. Suitably leveraged, Oman’s strategic geographical location offers competitive advantages to industries and investors targeting markets in the GCC, Asia and East Africa.
With the best deep-water ports in the Indian Ocean, US $26 billion government investment in air, maritime, rail and road transport infrastructure, and connectivity to free zones and industrial estates, Oman offers a distinct competitive advantage to companies looking to establish a base in the region and penetrate fast-growing GCC, Africa, Iran, Central and South Asian markets.
In 2018 Oman improved five places in the World Bank Logistics Performance Index from 48 to 43 globally.
ASYAD is Oman’s new integrated logistics provider. It is the centerpiece of Oman’s ambition to reclaim its 2,000-year-old regional trade leadership and establish the country as one of the world’s top ten logistics hubs by 2040.
Established in 2016 to maximize the financial returns and economic impact of government logistics investments, the ASYAD Group brings together 16 logistics companies and joint ventures under one entity, improving performance, creating efficiencies and offering economies of scale.
The Group is comprised of three deep ports and three free zones supported by Oman’s five airports, a new rail network and a world-class road network. The ports of Salalah, Sohar and Duqm are strategically located within two weeks of all major global markets, with direct trade routes to the growing GCC, Indian and African markets.
ASYAD Group also oversees three free zones – Sohar Free Zone, Salalah Free Zone and Khazaen, located in Barka. All three offer a wide range of impressive modern facilities including offices, warehouses, and retail outlets. The close proximity of ASYAD’s ports ensures seamless movement of goods, all via Oman’s world-class transport network.
Each free zone also benefits from dedicated sector-specific zones or clusters, which address the unique infrastructure needs of individual industries, while allowing for greater business-matching opportunities across the value chain.
ASYAD’s freight business comprise four companies – Oman Shipping Company, Oman Drydock Company, Oman Rail Company, and Oman Post Company, enabling ASYAD to offer its customers and investors seamlessly integrated rail, sea, repair, road, warehousing and supply chain solutions.
With a fleet of 50 vessels, Oman Shipping Company offers shipping solutions covering the oil, gas, dry bulk and general cargo sectors. Oman Drydock is the second largest of its kind in the Middle East and North Africa.
Oman Rail Company is developing a national rail network that will link the Sultanate’s three main deep-water ports, free zones, logistics hubs, mineral resource and petroleum sites with the rest of the country and the GCC.
These companies are supported across the region by Oman Post Company which operates across the Sultanate via a network of 83 post offices.
ASYAD’s public service offering has three companies – Mwasalat, National Ferries Company (NFC) and International Maritime College Oman (IMCO).
Mwasalat operates a fleet of 500 vehicles in addition to Muscat’s public bus network and private contracts for schools and businesses.
The National Ferries Company (NFC) provides safe and efficient sea transportation along Oman’s 3,165 km coastline and includes a fleet of eight modern ferries.
A key part of the Group’s public service offering to Oman is developing the next generation of regional logistics leaders. IMCO offers diploma and degree courses for the maritime, logistics and petro-chemical industries.
With an increasing number of multi-national companies choosing Oman as the hub for their GCC, East-African and Indian distribution networks, ASYAD demonstrates how the combination of the Sultanate’s natural location close to global trade-routes, alongside an innovative, solutions-focused approach and significant investment into air, maritime, rail and road infrastructure from the Sultanate of Oman makes global business-sense.
According to the Global Competitiveness Index, Oman’s ports are ranked 18th globally in connectivity and port quality services.
With the firm backing of Oman’s government, ASYAD is leading the way in digitalisation of all services, providing data-led solutions and adopting new technologies such as Big Data, AI, IoT and blockchain into operations – ensuring that ASYAD offers one of the most competitive, advanced, efficient and technologically-integrated logistics solutions worldwide.