MUSCAT: The Special Economic Zone at Duqm, which was established in October of 2011, has a wide potential to attract investments in various economic sectors.
His Excellency Eng. Ahmed bin Hassan Al Dheeb, Vice President of the Public Authority for Economic Zones and Free Zones, told that the Special Economic Zone at Duqm has become a development engine and a regional centre for renewable energy, hydrocarbons and logistics services, and a base for export industries.
His Excellency added, “The volume of private investments in the Special Economic Zone at Duqm currently stands at more than OMR 3.6 billion, while the number of contracts for the use of investment projects has reached about 431.”
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His Excellency Sheikh Mu’adhd bin Muhammad Al Yaqoubi, Governor of Al Wusta, indicated that the governorate’s embrace of the region has achieved the concept of balance in the development path in the Sultanate of Oman, and the governorate has become, through the economic zone, a destination for investors.
