Business

SEZAD delegation visits Engie

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MUSCAT, MAY 20 - Global energy services heavyweight Engie recently received an official delegation from the Special Economic Zone Authority of Duqm (SEZAD), led by Yahya bin Said al Jabri, Chairman of SEZAD and Chairman of the Capital Market Authority, in Paris. SEZAD, located in the Duqm area 550 km south of Muscat, is the biggest special economic zone in the Middle East region, and includes a port, a ship dry dock, various industrial complexes, a commercial and tourism area and a logistic services area. Overall, SEZAD will expand over 2000 sq km. The area, fully operational in 2030, aims to become a regional logistical hub around ship maintenance activities, transhipment of containers, processing and export of minerals and hydrocarbons, thanks to its strategic position, on the Silk Road and near Omani oil & gas fields. SEZAD delegation visited a district cooling centre managed by Engie and the Engie Lab Crigen, the Group’s research and operational expertise centre dedicated to gas, new energy sources and emerging technologies. Yahya bin Said al Jabri, Chairman of SEZAD and Chairman of the Capital Market Authority added: “I would like to thank Engie on this success day. I welcome Engie representatives to visit SEZAD to explore more opportunities in Duqm, where we are looking forward to business implementation in different sectors”. Sébastien Arbola, CEO of Engie Middle East, South & Central Asia and Turkey declared: “SEZAD is a strategic project for the Sultanate of Oman, a new market willing to diversify its economy, with a strong concern for sustainable development, in a country respectful of nature. Engie would be honoured to participate in SEZAD development, in particular in the fields of district cooling solutions for sustainable city development and hydrogen”.