Muscat: Duqm Economic Forum, organised by the Public Authority for Special Economic Zones and Free Zones (Opaz) from October 16 – 17 in the Special Economic Zone at Duqm (Sezad), has attracted several countries around the world represented by leading companies, commercial institutions, investors, businesspersons and decision-makers, which affirmed its participation in the forum.
Among the countries that have confirmed their participation are the Kingdom of Belgium, the Republic of India, the Republic of Brazil, Japan, China and other countries. A group of companies will take part in the Forum, some of which are setting up investment projects in Sezad while others are working to get business opportunities or form partnerships related to green industries. There are other companies, specialised in industrial production, that have been invited to urge it to invest in the Special Economic Zone at Duqm.
In this regard, Saleh bin Hamoud AlHassani, Advisor to the Chairman of the Public Authority for Special Economic Zones and Free Zones (Opaz), pointed out that Duqm Economic Forum aims to shed light on the investment opportunities available in the Special Economic Zone at Duqm (Sezad), which is witnessing rapid economic growth, in addition to being a destination attracting international corporates and strategic projects in the fields of green industries, renewable energy projects and petrochemicals. Sezad has witnessed great interest from international companies to establish their projects in the Zone, according to studies conducted by these companies.
Al Hassani confirmed, “Organising the Forum reflects the government’s plan and its constant efforts aimed at bringing foreign direct investments to the Sultanate of Oman in general and the Special Economic Zone at Duqm in particular. The Zone has recently been placed on the global map for renewable energy, hydrogen and green iron projects by attracting a number of key projects in these sectors from India, Japan and Brazil.”
Being the first economic event of its kind, hosted by the Special Economic Zone at Duqm, the Forum will bring together business owners, investors, decision-makers, businesspersons and other academics and those interested in economy and innovation. The forum marks a platform presenting an opportunity to exchange knowledge, visions, expertise and insights, as well as showcasing local and international projects and experiences during the Forum’s discussion sessions over the two days. Likewise, the forum will also provide participants with the opportunity to be closely familiarised with the infrastructure facilities and major projects in the Special Economic Zone at Duqm explore the investment opportunities and form potential partnerships between companies, institutions and individuals.