The accumulated and committed investment volume in the Duqm Special Economic Zone (Sezad) reached 8.818 billion Omani Riyals (OMR) by the end of June this year, showing a growth of 141% compared to the level of 3.650 billion Omani Riyals in 2021.
Improvement in the Investment Environment
Qais bin Mohammed Al Yousef, Chairman of the Special Economic Zones and Free Zones Authority (Opaz), explained that this increase reflects the improvement in the investment environment in the Duqm Special Economic Zone over the past five years. He also mentioned the development of infrastructure in the area, efforts to attract investments, and the incentives and facilities provided to investors.
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Growth at Duqm Port
In a statement to Oman News Agency, Al Yousef announced that Duqm Port has witnessed growth in the volume of container loading, roll-on/roll-off cargo, oil and gas field pipelines, and various goods needed for ongoing projects in the area. In this context, he pointed to a 5.66% increase in total loadings at Duqm Port. Additionally, dry cargo loading increased by 3.88% and roll-on/roll-off loading by 8.2% between 2021 and 2025.
The Chairman of Opaz also emphasized that the Duqm refinery has successfully increased its production capacity to 255,000 barrels per day, and Dry Dock has completed approximately 1,340 projects from 2020 until the end of last year.
Educational and Healthcare Developments
Al Yousef stated that the Special Economic Zones and Free Zones Authority is working on localizing several other projects in the Duqm Special Economic Zone that align with the Sultanate of Oman's plans to reduce carbon emissions and ongoing efforts to develop the green hydrogen sector. He also noted that this area continues to attract various projects in the tourism, commercial, and logistics sectors.
He mentioned that the Duqm University College, which is starting its first academic year this year, is a qualitative addition to the education sector in this area. In this regard, the region is also focusing on expanding healthcare services in collaboration with the private sector.
In this context, the emergency building of Duqm Hospital will be inaugurated in partnership with the OQ Group, and a dialysis unit will be established in this hospital. Additionally, a cardiology unit will be launched at the Badr Al Samaa Medical Center in Duqm, and the number of medical specialties offered at this center will be increased.
Regarding social services, Al Yousef explained that the cultural, social, and educational center in Duqm, built using 3D printing, has been completed, reflecting Duqm's role in supporting sustainable development, innovation, and social development.
The Chairman of Opaz emphasized that the organization will continue its efforts to strengthen the investment environment in the Duqm Special Economic Zone and will continue localizing quality projects and enhancing service efficiency in line with the expected growth in investment volumes and economic projects.
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