SEZD grants usufruct to Duqm Quarries

MUSCAT: Ali bin Abdullah al Zedjali, Manager of Duqm Quarries Project, indicated that the company obtained the usufruct to manage and operate the quarrying and mining sector in the Special Economic Zone in Duqm (SEZD).
He pointed out that Duqm Quarries Company, established this year, is a closed joint stock company that Oman Company for Development of Special Economic Zone at Duqm (TATWEER) owns a percentage of its shares while other companies own the remaining shares, most notably Duqm Private Company owned by the people of the Wilayat of Duqm with a share of 10 per cent.
In a press statement, Al Zedjali stressed that the establishment of the company aims to regulate the quarrying sector in SEZD, maintain this national wealth, strengthen supervision and control of activities related to the sector and employ them to serve the national economy. “Currently, there are many infrastructure projects under way in SEZD that require the provision of raw materials for construction and filling. The expected production volume of raw materials to support the infrastructure projects in SEZD would range from 500 tonnes to 1,000 tonnes per hour,” Al Zedjali stated.
“The new company will manage and operate the quarrying and mining sector; it will also run the sand and gravel mines. This is in addition to other activities related to the exploitation of quarries for the extraction of stones, sand and filling materials. — ONA