Saturday 20 / April / 2024
Muscat: The Special Economic Zone at Duqm (Sezad) received a delegation of 13 ambassadors and representatives of the European Union Member States, who were on a 2-day visit to the zone from May 15 - 16.
The delegation met with Dr Ali bin Masoud Al Sunaidi, Chairman of the Public Authority for Special Economic Zones and Free Zones, and CEOs of companies operating in the Special Economic Zone at Duqm.
They were briefed on the investment opportunities in the Special Economic Zone at Duqm and the package of incentives, advantages and facilities offered to investors and businesspersons. The delegation was also familiarised with the already developed and under-construction projects in the zone.
Further, the visit included a tour of various infrastructure projects and other key facilities in the Special Economic Zone at Duqm (Sezad), such as the Port of Duqm, Duqm Refinery, multi-purpose Fishing Port, the Fisheries and Food Industries Zone, Duqm Hong Tong Piping Factory, the dry dock and Karwa Motors.
Commenting on this visit, Veronique Aulagnon, Ambassador of France and President of the European Union Member States delegation, pointed out that the visit aims to familiarise the delegation with the various investment opportunities in Duqm and explore what and how European countries can invest. She expressed that by visiting the Special Economic Zone at Duqm, they can encourage companies from their countries to invest in this cone. Duqm is very promising and bringing different developments in various sectors including green energy, fisheries, oil and gas, tourism and others where companies from Europe can form further joint ventures. This could be built on the already developed projects and businesses of many European companies from Belgium and France to name a few.”
