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INDUSTRIAL NEWS

Shumookh signs deal to manage road freight application

Apr 6, 2020 11:46 AM

Shumookh Investment and Services the investment arm of Oman s Public Establishment for Industrial Estates Madayn has signed a partnership agreement with Ibn Al Muallem United Trading to manage and operate...

Shumookh Investment and Services, the investment arm of Oman’s Public Establishment for Industrial Estates – Madayn, has signed a partnership agreement with Ibn Al Muallem United Trading to manage and operate Barkha Application.
 
The agreement was signed by Eng Musallam Al Hudaifi, Chief Executive Officer of Shumookh Investment and Services, and Juma’a Al Rawahi, Founder and Chief Executive Officer of Ibn Al Muallem United Trading.
 
Barkha Application is dedicated to road freight transportation services, which aims at providing job opportunities for Omanis in the field of logistics. The application serves companies and individuals wishing to transport freight from one place to another whether within or outside the sultanate, as well as owners of trucks and Omani drivers working in 100% Omani transportation companies. 
 
The two sides have also confirmed their partnership in Shumookh’s Makhazen Logistics Company. 
Madayn established Shumookh Investment and Services in 2010 to develop infrastructure projects and encourage investments in Madayn’s industrial cities. The vision of Shumookh is to develop globally competitive industrial infrastructure in the industrial cities of Madayn and create the best environment for the growth of industries in Oman through the attraction of strategic partnerships to invest and implementation of diverse infrastructure development projects in the industrial cities pertaining to Madayn, it said.- TradeArabia News Service
 

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