Through the UAE-Oman Rail Network, the MoU intends to make it easier to move up to 4 million tonnes of raw materials and completed goods annually from Jindal’s steel complex at Sohar Port to the UAE.
A Memorandum of Understanding (MoU) has been struck between Oman and Etihad Rail Company (OERC) and Jindal Shadeed Iron & Steel (Jindal), a significant integrated steel company in the GCC, to create a sustainable end-to-end transport logistics solution.
Through the UAE-Oman Rail Network, the MoU intends to make it easier to move up to 4 million tonnes of raw materials and completed goods annually from Jindal’s steel complex at Sohar Port to the UAE.
Through this partnership, Jindal can improve its operational integration while taking advantage of the rail network’s quick, affordable, and sustainable services.
“Our ability to seamlessly transport nearly 4 million tons of raw material will greatly help us in our operations, supporting our ambition to reduce our carbon footprint,” Harsha Shetty, CEO of Jindal said.
In addition to streamlining Jindal’s transportation and logistics operations, the cooperation supports the firm’s sustainability goals.
The collaboration intends to reduce CO2 emissions in Oman and the UAE by utilizing the Oman-UAE Rail Network to meet their national targets of achieving net-zero carbon emissions by 2050.
Etihad Rail boosts industrial growth
“Our partnership with Jindal Shadeed Group reinforces Oman and Etihad Rail Company’s commitment to improving logistics services to meet our customers’ future needs and expectations by providing comprehensive solutions and stimulating the growth of various industrial sectors within Oman and the UAE. Furthermore, 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,” Mohammed bin Zahran Al Mahrouqi, Deputy CEO of OERC, said.
The agreement is part of OERC’s continuous initiatives to develop business and investment relationships with significant global companies across various sectors.
These alliances are designed to deliver cutting-edge logistical solutions, open up new economic avenues, and promote steady economic growth in Oman, the UAE, and the wider region.
