Oman Daily Observer

EU ambassador­s visit Duqm SEZ

- BUSINESS REPORTER MUSCAT, MAY 16

The Special Economic Zone at Duqm (SEZAD) received a delegation of 13 ambassador­s and representa­tives of the European Union member states, who began a two-day visit to the SEZ on Sunday.

The delegation met with Dr Ali bin Masoud al Sunaidi, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), 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 to various infrastruc­ture projects and other key facilities in the Special Economic Zone at Duqm (SEZAD), such as the Port of Duqm, Duqm Refinery, multipurpo­se fishing port, the Fisheries and Food Industries Zone, Duqm Hong Tong Piping Factory, 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 in.

She expressed that by visiting the Special Economic Zone at Duqm, they can encourage companies from their countries to invest in this Zone.

“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,” she added.

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