30/09/2014 02:16 AST

Port Services Corporation’s (PSC) hopes of acquiring a license to operate and manage the dry port at the South Al Batinah Logistics Area have been dashed following a decision by the government to appoint an operator through a competitive tender.

The issue was discussed at an emergency meeting of PSC’s Board of Directors on September 28, the Corporation said in a filing to the Capital Market Authority. In the filing, PSC, which operates and manages Port Sultan Qaboos in Muscat, said it had received a letter from the Ministry of Transport and Communications (MoTC) notifying it of the government’s decision to cease negotiations with PSC on the proposed Memorandum of Understanding (MoU) for the operation and management (O&M) of the dry port.

A candidate for the O&M role will now be selected on a basis of a Request for Qualification (RfQ) from a selection of potential bidders that includes PSC.

Prequalified bidders will then be invited to participate in a close tender for the licence, Saud bin Ahmed al Nahari, CEO — PSC, added in his disclosure notification.


Oman Daily Observer

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