MUSCAT, SEPT 10 - The ‘Invest in Duqm’ roadshow, organised by the Special Economic Zone Authority in Duqm (SEZAD), moved to Dalian on the second leg of a three-city Chinese tour aimed at attracting Chinese investors to the Sultanate’s industrial and maritime hub in Duqm. At a seminar held in Dalian, Yahya bin Said al Jabri, SEZAD Chairman, gave an overview of the investment opportunities that await Chinese firms looking to set up operations in Duqm. The SEZ’s geographical location on the Indian Ocean makes it a gateway to the Arabian Gulf and Iran, as well as a transit hub for goods targeted at markets of India and East Africa.
The seminar featured presentations by Said bin Hamoud al Maawali, General-Manager of Oman Tank Terminal Company (OTTCO); Jalal al Lawati, Director of the Promotion Department in SEZAD; Ali Shah, Chairman of Oman Wanfang Company, which is developing a Chinese Industrial City in Duqm; and Nasr bin Zahir al Hadhrami, Investment and Promotion Executive at Ithraa. Representatives of Chinese companies attending the seminar were acquainted with specifics about Duqm’s competitive advantages, the applicable regulatory framework, incentives and benefits available to investors, and Duqm’s multi-modal connectivity with the wider region. SEZAD officials confirmed that investments in the SEZ enjoy tax exemptions.
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