Saturday, November 05, 2005

PWC Logistics: PEIE's Newest Tenant

PWC Logistics Oman ( has signed a lease agreement with the Public Establishment for Industrial Estates ( in Sohar and will sign a second lease agreement with PEIE’s industrial estate in Salalah ( at the back end of the year. Commenting on their move to Sohar Industrial Estate, Chris Clark, PWC Logistics’ Country Manager remarked: “the reason we leased PEIE land in Sohar is five fold - the location for a logistics company is excellent, we’re 6 kilometers from Sohar Industrial Port (, 200 kilometers from Dubai and 250 kilometers from Muscat – the positioning couldn’t be more strategic. In order to be able to handle our fast moving consumer goods business in the area, we needed land that was accessible to the local area and free of port restrictions. In this regard, PEIE’s Sohar Industrial Estate fitted the bill. The length of the lease - 25 years, with options for extension - gives PWC the security that its significant investment in warehousing and systems technology wouldn’t be compromised. It makes commercial sense for PWC to invest its money in areas that will offer solid returns for the business. Moreover, it was important for PWC to have industries nearby that may one day may be potential customers.”

Commenting on the PWC Logistic decision, Sultan Al Habsi, Executive President, PEIE, said: “Welcoming PWC Logistics to Sohar Industrial Estate is excellent news. They’re a highly reputable company with the capability to help other local companies which adds substantial value to this investment and clearly demonstrates the aim of PEIE to attract quality companies and encourage entrepreneurs.”

Reinforcing Al Habsi’s enthusiasm, Mohammed Al Ghassani, Executive Vice President, PEIE (pictured) pointed to the Government’s strong support for manufacturing and ICT as delivered through the PEIE network. Al Ghassani emphasized that “we should be in no doubt that the success of Oman’s manufacturers and ICT firms is crucial to achieving prosperity for all. Make no mistake, there are some exceptionally good management teams on PEIE estates, doing successful business in areas of manufacturing and ICT. Indeed, PWC Logistics falls firmly into that category. I’m delighted that they’ve decided to set-up operations with us in Sohar.”