The accumulated investment volume in the Duqm Special Economic Zone (Sezad) reached 8.818 billion Omani Rials by the end of June, reflecting a 141% growth compared to 2021, which was 3.650 billion Omani Rials.
Improvement of 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 of the investment environment in the Duqm Special Economic Zone over the past five years. This growth also indicates the development of the region's infrastructure, efforts made to attract investments, and the incentives and facilities provided to investors.
Growth of Duqm Port Activities
He stated in a statement to Oman News Agency that Duqm Port has witnessed growth in the volume of container loading, roll-on/roll-off cargo, oil and gas field pipes, and various goods needed for ongoing projects in the region. According to Al Yousef, the total loading of goods at Duqm Port has increased by 5.66%. Additionally, dry cargo and roll-on/roll-off cargo have increased by 3.88% and 8.2%, respectively, between 2021 and 2025.
Al Yousef added that the Duqm refinery has managed to increase its production capacity to 255,000 barrels per day, and the dry dock has completed approximately 1,340 projects from 2020 until the end of last year.
Development of New Projects and Social Services
The Chairman of Opaz emphasized that the authority is working to localize several other projects in the Duqm Special Economic Zone that align with the Sultanate of Oman's plans to achieve net-zero carbon and ongoing efforts in developing the green hydrogen sector. Furthermore, the Duqm Special Economic Zone is attracting various projects in the tourism, commercial, and logistics sectors.
He explained that the Duqm University College, which is starting its first academic year this year, is a qualitative addition to the education sector in this region. Additionally, this region is focusing on the development of healthcare services in collaboration with the private sector.
In this regard, the emergency building of the Duqm Hospital will be inaugurated in collaboration with the OQ Group, and a dialysis unit will also be established in this hospital. Moreover, a cardiology unit will be established at the Badr Al-Sama 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 and reflects Duqm's role in supporting sustainable development, innovation, and social development.
The Chairman of the Special Economic Zones and Free Zones Authority emphasized that the authority will continue its work in improving the investment environment in the Duqm Special Economic Zone, localizing more quality projects, and enhancing service efficiency in light of the expected growth in investment volumes and economic projects.
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