Muscat: Port Services Corporation said that the company-led consortium has withdrawn from participating in a tender for managing a dry port in South Al Batinah Logistics Area since the project was not found to be commercially and financially viable.
This was based on an intensive study and a letter of regret was sent to Oman Logistics Company on April 3, the company said in a disclosure statement posted on MSM website. Earlier, Port Services Corporation-led consortium was shortlisted to participate in the tender.