oman must act now to capture our competitive advantage
TRANSCRIPT
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Oman MUST act now to capture our competitive advantage
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Tangible supply chain advantages
Destination Min. time from competing ports
Transit time from Salalah
T. Time reduction
via SLL
Rotterdam 23 days 17 days -26 %
Antwerp 25 days 18 days -28 %
Felixstowe 23 days 17 days -26 %
Hamburg 25 days 19 days -24 %
USEC (New York)
21 days 17 days -19 %
Mombasa 12 days 5 days -60 %
• Significantly shorter Supply Chain
• Reduction in “On Water inventory” of up to 7 days
• Terminal handling charges about 34 % cheaper than competing ports.
• Significant reduction in haulage cost and time to and from port.
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Salalah Works….
Multiple benefits in a single location:
• Upto 28 % faster transit time as compared to other major hubs like Jebel Ali and Khorfakkan.
• Upto 34 % cheaper handling rates as compared to other competing ports in the region.
• Increased reliability, shorter supply chains due to direct connectivity to major markets
• Tangible and sustainable financial benefits
• Global Top 30 port – Managed by APM Terminals
• Free Zone economic incentives
• US FTA benefits
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Companies leveraging the Salalah advantage
location
connectivity
incentivesinfrastructure
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1999• 510k TEU• 1m Tonnes• 870 Jobs• US$ 27M p.a.
contribution to local economy
2004• 2.25m TEU• 1.6m Tonnes• 1,311 Jobs• US$ 47M p.a.
contribution to local economy
2008• 3.1m TEU• 3.5m Tonnes• 2,336 Jobs• US$ 69M p.a.
contribution to local economy
2012 • 3.6m TEU• 7.2m Tonnes• 2,223 Jobs• US$ 70M p.a.
contribution to local economy
Salalah’s growth trajectory
5
Investor in Sustainability
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