Oman's Port of Salalah, Algeposa to establish distribution centre
The Port of Salalah's CEO, Peter Ford, said that the port's management signed a Memorandum of Understanding (MOU) with Spain's Algeposa Group, the international logistics firm in order to establish and manage a coastal distribution centre, reported Gulf News.
Ford added that the centre would allow Algeposa and its clients to get access to emerging countries in East Africa, South Asia and the Gulf due to the port's strategic location.
He also said that the project would include the establishment of a 40,000 square meters of facility of an investment of USD14 million and its annual cargo output would be forecasted to cross 400,000 tons.
It is worth noting that Algeposa Group's company, Arabian Sea Ports Services SL, will provide global distribution services like warehousing, freight forwarding, packaging in addition to transportation.
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Ford added that the centre would allow Algeposa and its clients to get access to emerging countries in East Africa, South Asia and the Gulf due to the port's strategic location.
He also said that the project would include the establishment of a 40,000 square meters of facility of an investment of USD14 million and its annual cargo output would be forecasted to cross 400,000 tons.
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Jul 25 2011 Qatargas, Petronas sign LNG deal ,MENAFN
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Jul 25 2011 Qatar's Al Meera, Saudi Al Muhaidib sign take over deal ,MENAFN
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Jul 25 2011 Kuwait- 3 held for liquor ,Arab Times
(MENAFN - Arab Times) The Farwaniya police have arrested three Indians for manufacturing liquor, reports Al-Watan Arabic daily. The daily quoting security sources police arrested the men in possession...
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8.
Jordan- Several websites hacked in ongoing 'electronic war'
9.
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Hangman provided by The Free Dictionary
Middle East North Africa - Financial Network
MENAFN News Market Data Countries Tools Section
Middle East North Africa - Financial Network
Arabic MENAFN
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News By Industry
News By Country
Marketwatch News
UPI News
Comtex News
IPO News
Islamic Finance News
Private Equity News
How-To Guides
Technology Section
Travel Section
Search News
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US Markets Details
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Oil & Energy
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