Warehousing Solutions, a newly established company belonging to Saudi Arabian logistics provider Warehousing Projects and Logistics (WPL), has signed a new deal  to develop and manage the new warehouse park at Sohar Freezone in Oman.

 

The contract marks the beginning of the construction of WPL’s planned 50,000-sq-m warehouse park, said the Oman Daily Observer report.

 

A further 50,000 sq m has been reserved for Phase Two, taking the total size of the land lease agreement up to 100,000 sq m, it said.

 

The firm will construct ready-built warehouses as well as bespoke warehousing for other Sohar tenants on-site in the freezone.

 

“We are delighted to have signed this lease agreement with WPL’s new Omani company, Warehousing Solutions. The logistics sector in Oman is projected to grow beyond the $12 billion mark by 2017, and we have set out to make 2016 our Year of Logistics, to attract more 2PL and 3PL providers to Sohar,” Jamal Aziz, chief executive officer, Sohar Freezone, was quoted as saying.

 

WPL Chief Executive Abdulaziz Mansoor al Subaie, summed up: “We’ve seen an active interest in warehousing and logistics development emerging in Oman, and our presence at Sohar expands our reach across the region to meet these demands," Abdulaziz Mansoor Al Subaie, WPL chief executive.

 

"With its strategic location as a logistics hub for the Gulf, Sohar Freezone will add to the value proposition we can offer to clients and logistics service providers,” he added.