EMSTEEL and Strategic Partners Enhance Raw Material Transport and Cross-Border Connectivity in GCC
EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, has secured landmark agreements to enhance raw material transport and foster cross-border rail connectivity between the UAE and Oman.
These initiatives align with the UAE’s Operation 300bn strategy and Oman’s Vision 2040, emphasizing sustainable and efficient industrial growth.
The primary agreement, signed with Hafeet Rail Infrastructure LLC, will leverage the region’s first cross-border rail network to transport critical raw materials, including limestone and red shale, from Oman to the UAE. The collaboration aims to improve supply chain efficiency and ensure a reliable and sustainable transportation process for up to 4.2 million tonnes per year.
As part of the agreement, EMSTEEL will operate the EMSTEEL Rail Transfer Facility in Al Ain, UAE, which will feature advanced railcar unloading stations and integrated stockpile management systems for cement production. This partnership, with an initial term of 15 years, also offers an extension option of 15 years.
Additionally, EMSTEEL has partnered with Minerals Development Oman (MDO) to oversee the sourcing of industrial minerals, ensuring compliance with stringent quality standards. The collaboration strengthens Oman’s role in regional industrial development and supports economic integration between the two nations.
Saeed Ghumran Al Remeithi, CEO of EMSTEEL, highlighted the strategic importance of the partnership, noting it ensures a cost-effective supply chain while supporting sustainable growth. Eng. Mattar Al Badi, CEO of MDO, emphasized the initiative’s role in promoting regional industrial evolution and sustainability.
This agreement marks a significant step toward reducing carbon emissions and enhancing cross-border trade, reflecting both countries' commitment to sustainable development.
News Source: Emirates News Agency