Investment opportunities in Duqm highlighted in Japan

Business Wednesday 12/September/2018 16:37 PM
By: Times News Service
Investment opportunities in Duqm highlighted in Japan

Muscat: The Special Economic Zone Authority of Duqm (Sezad) on Wednesday highlighted the advantages of investment for businessmen in the Japanese city of Osaka. This is part of the second leg of the 'Invest in Duqm' Asian promotion campaign organised by the Sezad.
The campaign comes as part of the Authority's efforts to attract foreign investments and comes after having organised in the past months a briefing on the region in a number of governorates of the Sultanate.
"Duqm has all the elements for ideal investments, either through its geographical location on the Indian Ocean or through the other facilities and incentives provided by Sezad," said Reggy Vermeulen, CEO of Port Duqm.
He added that the economic zone of Duqm has many investment opportunities that are encouraging investors to make investments and highlighted the various components of the projects and the projects which are currently underway.
The port of Duqm enjoys its strategic position on the international shipping lines, which makes it easier for these lines to use the port as a major axis in its movement between East and West, he said.
In a video presentation during the seminar, he encouraged Japanese companies to use the port of Duqm in their commercial operations, stressing that the shipping lines using the port will achieve a saving in time due to the location of the strategic location of the port.