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Oman News

Oman-Saudi highway will open more investment opportunities, says Minister of Economy

HE Dr. Said Al Saqri, Oman’s Minister of Economy says both the countries are discussing investment opportunities in the special economic zones.

TAS News Service

info@thearabianstories.com

Tuesday, November 2, 2021

MUSCAT: The new Oman-Saudi desert highway which is expected to open soon will open the possibility of connecting Duqm and the city of NEOM in Saudi Arabia, according to Dr. Said Al Saqri, Minister of Economy.

“The new road will benefit from the existing facilities such as industrial and free zones, and the possibility of establishing new areas on the borders between the two countries, and the possibility of working on connecting the city of Duqm and the city of NEOM in the Kingdom,” Al Saqri said in an interview with Saudi-based Asharq Al-Awsat newspaper.

The carriageway traversing the treacherous dunes of the Rub Al Khali (The Empty Quarter) is expected to cut travel time by around 16 hours.

According to Al Saqri, both the countries are discussing investment opportunities, and prospects of cooperation in the special economic zones including the establishment of an industrial zone in Oman developed, operated and managed by Saudi Arabia.

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