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Oman Special Economic Zone Authority issues statement over Chinese investor comments

Business Saturday 12/January/2019 22:00 PM
By: Times News Service
Oman Special Economic Zone Authority issues statement over Chinese investor comments

Muscat: The Special Economic Zone Authority (SEZAD) has issued a statement regarding comments made by a Chinese Investor about doing business in Duqm, the developing port zone.
The authority stressed that project requirements within the authority are completed as quickly as possible and often on the same day.
In an online statement, SEZAD said: “The authority provided all the facilities to the investor, including all the foreign manpower, whether in the name of the developed company or on behalf of the contracting company he established to implement the real estate projects.”
The authority also approved all the engineering drawings submitted by the investor which are completely different from the specifications in force in the Sultanate.
The investor was also granted an exception to open a branch of his Chinese engineering company in Oman, according to the government statement.
The Chinese businessman had appeared on an Oman TV discussion show and raised concerns about red tape and delayed amenities like water and electricity supplies in the Duqm zone.