Chinese investments in SEZD welcomed

MUSCAT: Yahya bin Said al Jabri, Chairman of the Special Economic Zone Authority of Duqm (SEZAD), received in his office on Sunday Lee Qun, Executive Vice Governor of Chandnog Province.
Al Jabri reviewed the growing economic relations between the Sultanate and China and efforts to develop them. He praised China’s investments in the Special Economic Zone of Duqm (SEZD) within the Chinese Industrial City, which is supported by the Chinese government and the Chinese province of Ningxia.
The meeting explored investment opportunities available in the SEZD and the incentives provided by SEZAD to investors, the geographical location of the zone, the infrastructure projects currently witnessed in the zone and the private sector’s investments in particular, especially the Chinese investments.
Al Jabri invited the government of Chandnog Province to invest in Duqm. He said, “We welcome more Chinese investments in the SEZD,” he said, highlighting the many facilities provided by SEZAD to investors. He added that Duqm location offers Chinese companies easy access to many Asian and African markets.
Several presentations were given about the SEZD, Oman Oil Company and Duqm Port. Lee Qun expressed his happiness to visit the Sultanate. He reviewed the advantages of Chandnog Province and potential areas of cooperation between the two sides. He also hoped the visit would contribute to opening new avenues of cooperation between the Sultanate and China and strengthening relations between the two countries. — ONA