News & Events

March, 2015

SOHAR tenant in the running for regional MEED award

Al Siraj Logistics and Warehousing, one of the leading services providers at SOHAR Port and Freezone, has announced that it is being considered for a regional MEED Quality Award for Projects. Having already won a national award for the business park that it is creating at SOHAR, the company is now eagerly awaiting the outcome of the next stage of the prestigious awards according to Chief Financial Officer, Babu Thomas.



“SOHAR has achieved fantastic things in a short space of time and our ambition is to support its remarkable track record in attracting foreign investment to Oman and, at the same time create a legacy of our own. As the port and freezone operate on a landlord basis we saw an opportunity to serve supply chains by building state-of-the-art warehousing and we are all delighted to have won the Small Project of the Year Award.”



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“However, we did not expect to be in contention for a regional award so soon after signing a contract with SOHAR, especially when you look at the pace with which the GCC logistics sector is shaping up. The sector is projected to grow from US$8 billion to US$12 billion over the coming years, and while we are focused on turning this trend into business opportunities, we also have one eye on the outcome of the awards now.”



Al Siraj has been a key driver for economic and social progress in Oman, with its broad portfolio of activities spanning oil and gas, construction, manufacturing, education, tourism, F&B, and technology industries. Its high quality brand of ready-to-occupy facilities are the first of a kind development on the freezone, and the first 14,000 square metre phase of the business park opened to businesses towards the end of last year.



In association with Mashreq Bank, MEED Quality Awards for Projects aim to raise the standard of business projects through benchmarking best practices specified in project briefs and excellence provided in project delivery. Winning an award is seen as sending a message to markets that firms have demonstrated quality throughout the project management process, from concept planning to engineering and construction.