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English news

06-Apr-2016

Port Services withdraws from dry port tender

Port Services Corporation said the company-led consortium had withdrawn from participating in a tender for managing a dry port in South Al Batinah Logistics Area since the project was not found to be commercially and financially viable. This was based on an intensive study, and a letter of regret was sent to Oman Logistics Company on 03 April, the company said in a disclosure statement posted on MSM website. Earlier, Port Services Corporation-led consortium was shortlisted to participate in the tender. (Times of Oman)

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