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Tatweer Duqm confirms quest to attact investment opportunities

Atheer – Oman News Agency

Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer Duqm), the executive arm of the Special Economic Zone Authority at Duqm (SEZAD), has said that the number of projects under its implementation is 45 projects, including 31 construction projects and 14 engineering consulting projects.

The Duqm Economic Magazine published a report revealing that the number of projects being implemented is 25, with this figure including fifteen construction projects as well as ten for engineering consulting. In addition, six projects were submitted for tender, while four remain in the process of preparation for tender. Ten projects were also completed over 2016 and 2017.

Tatweer Duqm, which was established in 2013, is responsible for the implementation of all projects in the area assigned to it by SEZAD.

According to the report, the cost of projects supervised by Tatweer Duqm until the end of November 2017 amounted to 648.2 million Omani Rials.

Duqm Port is one of the most important infrastructure projects supervised by the company. The port is currently carrying out a number of phases, including the second phase for the operation of the commercial dock and its equipment to accommodate the containers.

The cost of the project, which is being implemented by an alliance of Turkish company Circa and Portuguese Company MSF, is 107.3 million Omani Rials.

The dock is the first of its kind to be built at a port in the Sultanate. The project, which is valued at 55.4 million Omani Rials, is implemented by the Combined Group Contracting Company (CGC).

The port of Duqm is also witnessing the implementation of the seventh phase related to the construction of the liquid and bulk dock. This prepares the port for exporting liquid refined products and enhancing its value in the national economy. The project is being executed at a cost of 199.1 million Omani Rials.

Tatweer Duqm also oversees the implementation of the fishing port. The project, which cost around 60.7 million Omani Rials, was awarded by Galfar Engineering and Contracting SAOG.

The construction of the port is part of the Sultanate’s plan to turn the economic zone of Duqm into a major centre for the fishing industry. The port is the largest fishing port in the Sultanate, with an area of 600 hectares.

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