Site icon News Portal NP

SEZAD investments surge 55% to RO6bn

SEZAD investments surge 55% to RO6bn

Welcome to the Future: Duqm Special Economic Zone

Muscat – The Special Economic Zone at Duqm (SEZAD) is booming with a total cumulative investment of RO6bn by June 2024, a 55% growth compared to last year. With the Duqm Refinery and other major projects kicking off, SEZAD is attracting both local and international investors across various sectors.

Strategic investments in green industries like Vulcan Green Steel Plant and the Green Hydrogen Company Project are paving the way for a sustainable future. Duqm aims to lead in net-zero emissions by 2050, with ongoing projects like the Duqm Refinery set to transform the region into a key energy hub.

Efforts by the Public Authority for Special Economic Zones and Free Zones (OPAZ) to enhance services for investors are underway, with plans to develop commercial, industrial, and residential zones within SEZAD’s master plan. The zone’s growth reflects strong investor interest, with ongoing support from OPAZ.

Join us in the journey towards a sustainable and prosperous future at the Duqm Special Economic Zone!



Source link

Exit mobile version