Muscat: The Asyad Group, Oman's premier global provider of integrated logistics services, has unveiled a tender for the design, construction, financing, operation, and transfer of an office complex spanning an area of 4,925 square meters within the Muscat Airport Free Zone (MAFZ).
This initiative aligns with the Asyad Group's dedication to fostering and collaborating with the private sector on critical logistics projects in accordance with Oman Vision 2040.
This tender marks the second in a series inviting local private sector entities to partner with Asyad in the establishment and operation of the anticipated free zone. With the pace of development accelerating, there are further opportunities emerging for local businesses to play a pivotal role in the realization of this strategic project, thereby contributing significantly to Oman's logistics sector and national economy.
Through this second tender for the MAFZ, the Asyad Group aims to transform the designated project area into an integrated business center, equipped with the infrastructure necessary for investors to operate at peak efficiency. The envisioned center will feature ready-to-occupy office spaces, retail areas, and a wide array of function rooms, boardrooms, meeting rooms, auditoriums, and other event venues, all of which can be easily adapted to accommodate various business needs and project requirements.
This latest venture is poised to create a business-friendly environment that will attract global and regional corporate headquarters, international financial and consultancy firms, trading entities, and startups in search of prime locations to expand their operations. By offering an attractive value proposition, this endeavor will bolster the free zone's status as a premier global business destination, thereby attracting Foreign Direct Investment (FDI) through its provision of world-class logistics support and facilities.
Launched by the Asyad Group, this tender presents a unique opportunity for the private sector to forge a 25-year partnership with Oman's leading logistics entity, ensuring stability and sustainability for all involved parties. Furthermore, this engagement will contribute to the development of high-value assets within a strategic free zone, thereby fostering growth in the Sultanate's national economy and generating employment opportunities in key sectors such as construction and logistics.
Emphasizing the Asyad Group's commitment to engaging with the local private sector, Faisal Ali Al Balushi, Director – Muscat International Airport Free Zone at the Asyad Group, stated, "The initiation of this tender signifies a strategic move towards establishing the Muscat Airport Free Zone as a dynamic global business hub capable of attracting both local and international investors. We are confident that this project presents an opportunity to enhance the role of local enterprises in Oman's logistics sector by developing advanced business infrastructure and maximizing the private sector's overall contribution to the national economy in alignment with Oman Vision 2040."
The Muscat Airport Free Zone stands as the most recent addition to the array of free and economic zones in Oman, poised to establish a globally benchmarked, air-centric, integrated logistics hub capable of revolutionizing the regional air logistics sector. As the national developer and operator of this newest free zone, Asyad is committed to cultivating an environment conducive to business that not only stimulates the local economy but also enhances its comprehensive network of core logistics assets.
Utilizing Asyad’s sophisticated integrated logistics ecosystem and the strategic positioning of the free zone, the project promises a range of compelling benefits, including attractive tax and customs exemptions, alongside state-of-the-art facilities aimed at enticing foreign direct investments. These benefits are poised to elevate the Muscat Airport Free Zone to the status of a premier global business center at the heart of Muscat, while also positioning it as one of the foremost investment destinations within the Middle East and North Africa (MENA) region.
The Asyad Group extends an invitation to local private companies and real estate developers in Oman to engage in this promising tender: https://etendering.tenderboard.gov.om.
