MUSCAT : The deal, undertaken in partnership with Orient Group and the Uzbek-Oman Investment Company, establishes a new trade corridor linking Oman’s ports and logistics infrastructure with emerging markets across Central Asia.

Under the agreement, Asyad acquired a controlling stake in Universal Logistics and High Way Logistics, companies connected to the Tashkent freight network that handle about 25 per cent of Uzbekistan’s rail container traffic and operate significant warehousing facilities.

The acquisition is expected to strengthen the movement of goods between Central Asia, the Gulf region, China and Europe by integrating Uzbekistan-based multimodal logistics assets into Asyad’s global network. Officials said the move will enable direct connectivity between Central Asian cargo flows and Omani ports, reinforcing Oman’s position as an international trade and logistics hub.

The investment aligns with Oman’s Logistics Strategy 2040 and broader efforts led by the Oman Investment Authority to deepen economic cooperation with Uzbekistan and the wider Central Asian region.

Eng. Abdulrahman Salim Al Hatmi, Asyad Group CEO, described the transaction as a milestone in the company’s international expansion strategy, saying it establishes a direct logistics bridge between Oman and rapidly growing Central Asian markets. He noted that integrating dry ports, rail and road transport services, warehousing, customs clearance and delivery operations in Uzbekistan with Asyad’s network will create a seamless supply chain connecting the region with global markets.

Representatives of the Uzbek partners said the agreement would accelerate the development of logistics infrastructure and strengthen Uzbekistan’s role as a regional trade gateway, while enhancing connectivity with Gulf and international markets.

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