US$ 1.2mn project investment will have a construction period of 100 days
SOHAR Port and Freezone recently signed an agreement with Matrix Prime Logistics for the development of Phase 2 of the warehousing project, which commenced its operations in 2018.
The agreement was signed between Omar Mahmood Al Mahrizi, CEO, representing SOHAR Freezone and Dawood Al Rajhi and Dr. Sahib Jasim, partners at Matrix Prime Logistics.
Phase 1 of Matrix Prime Logistics (FZC) saw an investment of over US$ 1.7 million, offering customised warehousing solutions for different commercial, logistics and industrial activities.
The smart designs of the warehouses allow tenants to select respective sizes and shapes that best suit their business needs.
All warehouses have been designed and built to accommodate business flexibility and operational efficiency. In addition, Matrix Prime Logistics also provides services to accommodate a wide range of business requirements, including general trading imports, exports and re-export, warehousing, logistics, light manufacturing, spare parts warehousing and much more.
“The availability of modern warehouses in the Freezone has contributed significantly in facilitating the logistics movement of goods between the port and the free zone, and this is an important factor for increasing the volume of goods coming to the port and thus to the Sultanate,” commented Al Mahrizi.
“The second phase of our project is scheduled to have a construction duration of 100 days with an investment value of over US$ 1.2 million. We have already begun marketing the new facilities and there is a high demand from clients to reserve their space,” noted Sahib Jasim.