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Construction / Development

Asyad and CMA CGM sign framework agreement for US$400m Sohar logistics terminal

Alex PackBy Alex PackJuly 2, 20262 Mins Read
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Sunrise in Muscat in Oman.
Muscat, Oman

Asyad Group, Oman’s state-owned logistics provider, and France-headquartered CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, Oman.

The agreement was signed during an official visit by Sultan Haitham bin Tarik of Oman to France, and reflects growing economic cooperation between the two countries. It establishes a long-term strategic collaboration, combining the companies’ capabilities to enhance Oman’s ports as global trade hubs, strengthen operational efficiency and improve service delivery across the region.

The framework provides for the development of a US$400m multipurpose logistics terminal in Sohar, which the companies said will support integrated logistics services and supply chain solutions, reinforce new regional and international trade corridors, increase cargo handling volumes, and strengthen Omani ports’ connections to global shipping networks.

Abdulrahman Al Hatmi, group CEO of Asyad Group, said, “This partnership reflects Asyad Group’s vision of building strategic collaborations with major global companies to enhance the commercial attractiveness of Omani ports and maximize the economic value of their assets. This cooperation will open new horizons for attracting trade flows and quality investments to ports, and free and economic zones, and strengthening Oman’s position in global supply chains.”

Rodolphe Saadé, chairman and CEO of CMA CGM Group, said, “This partnership with Asyad Group marks an important step in the development of our logistics and port activities in the Gulf. By developing a new logistics terminal at Sohar, we will strengthen regional connectivity while securing reliable inland access to key trade corridors. It also reflects our confidence in Oman’s long-term vision and our commitment to strengthening its position as a strategic gateway connecting the Gulf to global markets.”

Asyad Group operates an integrated logistics network spanning more than 76 cities in 24 countries, supported by a fleet of over 100 vessels serving more than 90 destinations and connecting over 200 commercial ports. The company also operates ports, free zones and economic zones as part of its wider logistics portfolio.

CMA CGM, the world’s third-largest shipping company, operates in 177 countries and employs around 160,000 people. It serves more than 420 ports across five continents with a fleet of over 700 vessels, and carried more than 24 million TEUs in 2025. The group holds interests in 65 terminals worldwide, and its subsidiary CEVA Logistics operates 1,000 warehouses.

Related news, Amazon invests £1bn in two fulfillment centers in Northampton, UK

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