The Economic and Financial Committee of the Shura Council of Oman held a meeting on Tuesday with the presence of Dr. Raed Al-Rubaie, CEO of the Port and Free Zone of Sohar, Anchin Kum, CEO of Hutchison Ports Sohar, and several specialists to review the objectives of the Logistics Strategy 2040.
Review of Performance and Future Plans
This meeting began with a presentation by the CEO of the Port and Free Zone of Sohar, addressing several areas related to the development of performance and logistics systems of the port and free zone. These included governance of operations, frameworks for collaboration and integration among companies operating in the port, and the role of the private sector in economic development and empowering small and medium-sized enterprises (SMEs) to capitalize on opportunities in the logistics and industrial sectors.
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The presentation also outlined the main challenges facing the logistics system in light of changes in global trade flows and supply chains, providing solutions and recommendations to enhance resilience and sustainability of operations. Additionally, the role of the port and its operators in maximizing the objectives of the Logistics Strategy 2040 through the development of value-added supply chains and improving the efficiency of logistics services and integration of industrial, commercial, and port activities was discussed.
Response to Questions and Concerns
After the presentation, committee members raised several topics and questions related to the themes of this proposal. They also inquired about safety and security in companies and factories operating in the industrial port and the measures in place to ensure business continuity and enhance safety standards in operations.
This meeting also addressed the review of export renewal activities and the potential to strengthen the port's role as a transit hub, as well as future plans and strategies for the development of the port and free zone and improving operational and logistical efficiency.
This session was part of the Economic and Financial Committee's follow-up on issues related to the national economy and its dependent manufacturing sectors, emphasizing the committee's commitment to reviewing performance indicators and challenges facing the economic and logistics sectors.
Separately, the committee also reviewed several other items on its agenda and approved its opinion on the annual report of the Ministry of Energy and Minerals for 2025. It also discussed the proposal to establish a national center for laboratories, standards, and food safety.
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