Following the Initial Conditions Agreement signed during the official visit of Al Sultan Haitham bin Tarik to France, Asyad Group and CMA CGM Group have signed a Framework Agreement to develop, manage and operate a multipurpose logistics terminal in Sohar. The agreement outlines the framework for the two organizations to collaborate on the development and operation of the terminal as part of ongoing economic cooperation between Oman and France.
This partnership establishes a long-term strategic collaboration between the two organizations, combining their capabilities and expertise to enhance Oman's ports as key global trade hubs, strengthen operational efficiency, and deliver superior service to customers across the region.
The partnership provides the framework for the development of a USD 400 million new multipurpose logistics terminal in Sohar, which will enhance advanced integrated logistics services, and supply chain solutions and will contribute to reinforcing new regional and international trade corridors, increasing cargo handling volumes, and solidifying Omani ports' connections to global shipping networks and key international markets.
Eng. Abdulrahman Al Hatmi, Group CEO of Asyad Group, commented: "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, in support of the Sultanate's objectives to establish its position as a pivotal center for trade and logistics services at the international level."
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 will ensure greater resilience and efficiency for our customers’ supply chains. 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 ecosystem spanning more than 76 cities in 24 countries worldwide. This ecosystem is supported by a diverse maritime fleet of over 100 vessels, with services extending to more than 90 destinations globally and connecting over 200 commercial ports.
In addition, Asyad operates and manages a number of ports, free and economic zones, reflecting the accelerated growth of its business portfolio and the expansion of its logistics services globally. This reinforces Oman's vision and position as a bridge connecting East and West. Asyad also manages port operations, freezones, and mega logistics infrastructure projects. Ranked among the top logistics companies in the MENA region by Forbes, Asyad Group is committed to delivering excellence and innovation, connecting global markets through its exceptional infrastructure and strategic international partnerships.
The CMA CGM Group is a global player in sea, land, air and logistics solutions, true to its corporate Purpose: We imagine better ways to serve a world in motion.
Present in 177 countries, it employs 160,000 people, including nearly 6,000 in Marseille, where its head office is located. As the world’s third-largest shipping company, CMA CGM serves more than 420 ports across five continents with a fleet of over 700 vessels.
In 2025, CMA CGM carried more than 24 million twenty-foot equivalent containers (TEUs).
As an international port operator, the Group holds interests in 65 terminals worldwide. Its subsidiary, CEVA Logistics, one of the top five global players, operates 1,000 warehouses and handled 15 million shipments in 2025. The Group’s air division operates a fleet of cargo aircraft under the CMA CGM AIR CARGO and Air Belgium brands.
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