Lufthansa Technik and the Commonwealth of Puerto Rico have announced an agreement to create an aviation maintenance, repair and overhaul (MRO) facility to service short-haul and medium-haul aircraft.

The past couple of decades have been marked by a stream of organizations shifting operations abroad, lured by the promise of cheap labor and production. However, this dynamic is changing amidst rising costs and an increasingly complex global supply chain. Now, the trend is to at least consider re-shoring.

Construction on the South Batinah Logistics Hub, a strategic initiative of the Omani government to kick-start the growth of a logistics-based economic sector in the Sultanate, will be launched this year. Covering 9,000 hectares, the hub will incorporate Oman’s first ever inland port as well as dedicated zones earmarked for multimodal connectivity, light industries, value-adding activities, commercial services, warehousing and logistics, urban and residential developments, hotels and convention centres, and leisure areas.