Total volume of investments in Duqm SEZ reaches RO 6 billion

MUSCAT : The Special Economic Zone at Duqm has been able to attract projects in various economic sectors, thanks to the region’s many investment advantages, such as its geographical location, the incentives offered by the Public Authority for Special Economic Zones and Free Zones (OPAZ) to investors, and high-level infrastructure.

H.E. Eng. Ahmed bin Hassan Al Dheeb, Deputy Chairman of OPAZ, explained that there are many indicators to confirm the promising future of the region and its ability to be a global investment destination that contributes positively to economic diversification.

“The Duqm Special Economic Zone has attracted qualitative projects, including the Duqm Refinery, and the region has also been able to achieve new investments by attracting a group of projects in the sectors of renewable energy, green industries, and fisheries industries,” he told Oman News Agency.

He pointed out that the investment map indicates the diversity of nationalities of investors in the region, which demonstrates the region’s attractiveness for various investments – in industrial sectors, commercial and tourism sectors, logistics, real estate development, renewable energy, green industries, and other industries.

He also added that OPAZ is working to raise the competitiveness of the Special Economic Zone in Duqm and enable it to achieve its goals of economic diversification and attract many major projects.

His Excellency stated that the Duqm Special Economic Zone enjoys the presence of an integrated infrastructure that stimulates investments, such as the Port of Duqm, the dry dock for ship repair, the Duqm Airport, the multi-purpose fishing port, and the road network that covers various investment areas.

The past years have also witnessed important investments in the tourism, communications, and information technology sectors, considering them Sectors that support and enable investment growth
He also confirmed that the volume of investments in the Duqm Special Economic Zone is likely to rise in the coming years with the several new projects wishing to invest in the region, especially in green industries and renewable energy projects.

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The post Total volume of investments in Duqm SEZ reaches RO 6 billion appeared first on The Arabian Stories News.

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