Overview
Asyad Group is Oman’s national logistics and transport holding company, established to consolidate and optimize the Sultanate’s logistics assets under a unified strategic framework. The group was formed by bringing together several key entities including Oman Shipping Company, Port of Duqm, Oman Rail, Oman Drydock, and others. Asyad’s mandate is to position Oman as a global logistics hub connecting East and West, leveraging the country’s strategic geographic location along major international shipping routes. The group manages port operations, shipping fleets, free zones, dry docks, and land transport infrastructure, working closely with government agencies and international partners to develop integrated supply chain solutions.
Key Facts
- Consolidates multiple state-owned logistics entities under one umbrella
- Manages key port assets including Port of Salalah, Port of Sohar, and Port of Duqm
- Operates the Oman Drydock Company, one of the largest in the Middle East
- Developing the national railway network through Oman Rail
- Oversees free zone operations linked to port facilities
- Partners with international logistics operators and shipping lines
- Contributes to the IMEC corridor connectivity vision
Significance for Vision 2040
Asyad Group is central to Vision 2040’s ambition of developing Oman into a global logistics and supply chain hub. The group’s integrated approach to port, shipping, rail, and free zone management creates a competitive ecosystem for international trade and investment. Oman’s geographic position at the crossroads of Asian, African, and European trade routes provides a natural advantage that Asyad is tasked with capitalizing on. The development of the Duqm port and special economic zone, rail connectivity between key industrial nodes, and expansion of container handling capacity at Salalah and Sohar are all coordinated through Asyad’s strategic planning. By improving logistics efficiency and reducing trade costs, the group directly supports Vision 2040’s targets for non-oil export growth, foreign direct investment attraction, and manufacturing sector development.