Sohar, Oman — Oman and Etihad Rail Company (OER), the developer and operator of the UAE-Oman Rail Network, and Al Jazeera Steel Products Co (AJSP), one of the leading steel structural products and tube manufacturers in the Middle East, signed a Memorandum of Understanding (MoU) to establish a strategic framework for collaboration on logistics solutions for the transportation of raw materials and finished goods.
Under the terms of the agreement, OER will leverage the UAE-Oman Rail Network to support Al Jazeera Steel in optimizing inbound and outbound logistics from its factories in Oman.
Once fully operational, the UAE-Oman Rail Network will unlock efficiency in freight movement by reducing travel time between both countries, eliminating delays related to weather and traffic conditions. Each train will be able to seamlessly transport a capacity of up to 15,000 tons of freight between five major ports and over 15 integrated freight facilities in both the UAE and Oman.
The MoU was signed by Mohammed bin Zahran Al Mahruqi, Deputy CEO of OER, and AN Venkat, Chief Executive Officer of Al Jazeera Steel Products.
Al Mahruqi said, “The agreement builds on the vision of Oman and Etihad Railway Project, and its ability to enhance cross-border trade activity between the two countries, linking centres of manufacturing and production, and connecting import and export points.”