"OER and AJSP signed MoU to establish a strategic framework"

Oman, Etihad Rail Company (OER) and Al Jazeera Steel Products (AJSP) have signed a Memorandum of Understanding (MoU) to collaborate on logistics solutions for transporting raw materials and finished goods in a sustainable, cost-effective and efficient way. AJSP is a leading manufacturer of steel structural products and tubes in the Middle East. The MoU establishes a strategic framework for this partnership. The MoU enables OER to leverage the UAE-Oman Rail Network to optimise inbound and outbound logistics from AJSP's factories in Oman. Mohammed Bin Zahran Al Mahruqi, Deputy CEO of OER, and AN Venkat, CEO of Al Jazeera Steel Products, signed the MoU. Al Mahruqi said, “Our partnership with Al Jazeera Steel Product Co reinforces Oman and Etihad Rail Company’s commitment to provide cost-effective, efficient, and sustainable logistical solutions to customers in Oman and the UAE. The agreement builds on the vision of Oman and Etihad Railway Project, and its ability to enhance cross-border trade activity between the two countries, linking centres of manufacturing and production, and connecting import and export points." Venkat said, “We are delighted to partner with Oman and Etihad Rail Company. We believe this new logistics service provided by OER will act as a force multiplier for our efforts of increasing our reach in the GCC as well the export markets. The vision of OER closely matches the vision of Al Jazeera Steel Products Co for delivering technological driven solutions. This collaboration will help us prepare for the challenges of the future and optimise our logistics costs.”

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