Oman and Etihad Rail unites with Jindal to establish sustainable logistics solution

  • Date: 02-Aug-2023
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:Oman
  • Who else needs to know?

Oman and Etihad Rail unites with Jindal to establish sustainable logistics solution

Oman and Etihad Rail Company (OERC) has signed a Memorandum of Understanding (MoU) with Jindal Shadeed Iron and Steel (Jindal), a leading integrated steel producer in the GCC, in order to establish a sustainable end-to-end transport logistics solution between Jindal’s steel complex at Sohar Port and the UAE, via the UAE-Oman Rail Network.

The MoU will allow Jindal to annually transport up to 4 million tons of raw materials and finished products from its steel complex at Sohar Port to the UAE’s thriving markets.

The move is part of OERC’s commitment to providing efficient and cost-effective logistics solutions for major global players across different sectors.

Commenting on the agreement, Mr. Mohammed bin Zahran Al Mahrouqi, Deputy CEO of OERC, said that, “Our partnership with Jindal Shadeed Group reinforces Oman and Etihad Rail Company’s commitment to improving logistics services to meet the future needs and expectations of our customers by providing comprehensive solutions and stimulating the growth of various industrial sectors within Oman and the UAE.”

Mr. Al Mahrouqi noted that the MoU will enable Jindal to enhance its supply chain efficiency, benefiting from the UAE-Oman Rail Network’s fast, cost-effective, and sustainable services.

Under the terms of the agreement, OERC will leverage its state-of-the-art rail network