The Ministry of Technology and Communications (MTC) and Asyad Group have signed yesterday at the ministry headquarter a Memorandum of Understanding (MoU) to coordinate and organize cooperation to leverage ICT in developing the Logistic sector in the Sultanate. The MoU was signed by Dr. Salim bin Sultan AlRuzaiqi, Chief Executive Officer, MTC and Abdulrahman Al Hatmi Chief Executive Officer, Asyad.

 Under this MoU, MTC and Asyad will cooperate to develop programs and laps of the Sas Center for the 4th Industrial Revolution Technologies which will be launched later on throughout this year, to meet the requirements of logistic sector in the sultanate as well as  proposing solutions to the challenges faced by this vital sector. Additionally, MTC will provide technical consultancies in using 4IR technologies and  will conduct training programs for Asyad’s professionals  upon the establishment of the center by  MTC  IT experts  and create a testbeds environment to serve the logistic sector. On the other hand, Asyad Group will contribute to the development of plans for the programs to be offered by the center along with    defining the focus areas of the logistic sector and will propose projects ideas which can be commercially viable. Furthermore, Asyad  will facilitate conducting field experiments for the group subsidiaries and to encourage them to take advantage from the provided services. Asyad will also implement a number of projects by contracting with SMEs working in the ICT field.

“Believing in the importance of emerging technologies, specifically the technologies of the 4th IR such as artificial intelligence and internet of things in moving and accelerating the growth of various economic sectors, we are in the process of establishing technologies center of the 4th IR during this year. This partnership comes as part of the preparations for the operation and management of the center and activating its role in promoting these sectors,” said Al Ruzaiqi. He added, "Through our cooperation with Asyad Group, we seek to build local capabilities in employing emerging technologies as well as to provide a technological environment equipped to implement pilot projects that serve this purpose."

“Our partnership with the Ministry of Technology and Communications is instrumental to our strategy. For ASYAD, employing leading-edge technologies is a key priority and a central competitive advantage to cement Oman’s position as a global logistics hub.

He added: “ASYAD has always sought to adopt technological innovations and initiatives that efficiently contribute to boosting Omani ports’ competitiveness; accelerating pre-clearance of imports and qualifying Oman to achieve advanced indicators in trade facilitation regionally and internationally. Currently, the Sultanate is ranked among the top five countries in the rate of  inspection- thanks to Bayan Risk Management System.”

Al Hatmi also highlighted that: “ASYAD has recently launched a logistics technical advisory programme aiming to provide services for individuals, start-ups, SMEs and enterprises. Over 2019, the programme supported more than 36 individuals and entities with more than 65 consulting hours. Furthermore, 17 consultants who work with different logistic companies were registered in the programme to provide this service.”

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.