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Post on: 2011-11-02 By: admin
Integrated Logistics Park planned at BarkaMUSCAT -- DB Schenker, the leading global integrated logistics services provider yesterday announced its joint venture (JV) partnership with its long-time ally in Oman -- Khimji RamdasKhimji Ramdas.The new joint venture company Schenker Khimji's LLC will provide logistic solutions in the fields of Air Freight, Ocean Freight, Land Transport, Warehousing and Supply Chain Management. The new company will be an important new entity within DB Schenker's worldwide network and will strengthen the Group's aim to provide its customers with integrated logistics services worldwide.The agreement between DB Schenker and Khimji RamdasKhimji Ramdas was sealed during the DB Schenker NMEA (Near Middle East and Africa) Conference 2011, currently under way in Oman.Pankaj Khimji, Director, Khimji RamdasKhimji Ramdas and Peter Glatz, CEO Region NMEA, Schenker Middel East FZE signed the agreement. Dr Thomas Lieb, CEO, Schenker AG, Oliver Kluge, CFO Region NMEA, Schenker Middle East FZE, Martin Hackl, CEO of the new entity Schenker Khimji's LLC and M C Jose, CEO Projects and Logistics Group of Khimji RamdasKhimji Ramdas were also present at the occasion. Schenker Khimji's LLC will offer its customers a single point of contact within Oman for the logistics requirements and will help connect with their suppliers and customers around the globe.M C Jose, CEO, Khimji RamdasKhimji Ramdas Projects and Logistics Group said, "We have been in discussion with DB Schenker on this JV for over five years. We are glad to have one of the leading global brands to associate with for providing first-class total logistic services to the Oman market. We see the market growing steadily with new ports and airports being established in different regions. This JV partnership will enhance our position in the GCC region and it's an important association for Khimji RamdasKhimji Ramdas moving forward. Furthermore our business focus now will also extend to Project Cargo, Aeroparts, Cultural and Sports Events", he added.Importantly, Khimji RamdasKhimji Ramdas is planning to set up an Integrated Logistics Park at Barka with an investment expected to range between $20-25 million. According to Pankaj Khimji, the facility is proposed to be a 'green', centralised, state-of-the-art complex featuring 51,000 sq metres of warehousing space. n Turn to "Barka is the new logistical hub not just for us but for the whole country, and once the railway starts and goes beyond Barka, it will still be rightly so. Around 60 per cent of the volume of business we do at Khimji's is within the Batinah and Muscat area, so having a central, fully integrated logistical hub in Barka is the way to go. We are looking at building eventually 51,000 sq metres of fully integrated warehousing space," Pankaj Khimji.Speaking to journalists, he said the JV will have a significant role to play in the development of the facility."The JV will provide the complete planning, design and specifications for giving us a warehouse in line with global standards. We want to make it a 'green' building, as technically competent in terms of equipment and mechanised as possible, and hoping we will go vertical rather than only ground storage. Schenker's Germany will give us what is the latest in warehousing systems, as we are a diversified group with products ranging from rice bags to milk powder to refrigerated cheese to confectionery, right up to paper products and liquids. For us to accommodate all of these, we need to have their expertise. Eventually we hope to Schenker Khimji's will be able to manage the facility as well."The project is currently in the design phase, with the first 25,000 sq metres of warehousing space slated to be operational within 18 months, he added.DB Schenker is the transportation and logistics arm of Deutsche Bahn (DB) and has over 91,000 employees in 130 countries and at one of the topmost positions worldwide in the industry.
© Oman Daily Observer 2011
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