Latest news with #SpecialEconomicZoneatDuqm
Muscat Daily
4 days ago
- Business
- Muscat Daily
Duqm emerges as new tourism hub with RO853mn investment
Duqm – Tourism investment in Special Economic Zone at Duqm (SEZAD) exceeded RO853mn at the end of 2024, underscoring Duqm's growing appeal as a coastal destination and business hub. According to SEZAD figures, tourism development in the zone includes 21 hotels, ten hotel apartment buildings and a multi-facility complex comprising hotels, villas and serviced apartments. Sixteen tourism projects were completed by the end of 2024, 11 were under construction and five in pre-construction phase. Ahmed bin Ali Akaak, CEO of SEZAD, said Duqm's location on the Arabian Sea, with access to the Indian Ocean and moderate year-round temperatures, positions it as a strategic tourism destination. The area is also home to several natural and recreational sites including Duqm Beach Park, the Rock Garden, Saay District Public Park and nearby attractions such as Barr al Hikman and Al Maha Nature Reserve. Ahmed bin Ali Akaak, CEO of SEZAD Akaak said the tourism momentum is supported by Public Authority for Special Economic Zones and Free Zones (OPAZ), which continues to offer incentives for private investment. He added that Duqm's appeal lies not only in its natural assets but also in the infrastructure and services available to both tourists and investors. Launched earlier this year, SEZAD's 2025–2030 strategy focuses on enhancing quality of life and attracting tourism-related investment. One of its priorities is to promote a balanced urban lifestyle through commercial, social and recreational development aimed at residents, tourists and investors alike. Another key focus is positioning Duqm as a distinct destination through diverse tourism offerings. Among the promotional initiatives is the ongoing 'Pass By' campaign, designed to attract visitors transiting through or travelling to Dhofar. The campaign has gained traction in recent years, helping to raise awareness of Duqm's tourism potential and drawing more visitors. Akaak said further growth is expected in 2025 as the campaign expands and more events are held to showcase Duqm. Its open coastline offers multiple beach locations in the town centre, as well as in Nafun village and Ras Madrakah.
Observer
4 days ago
- Business
- Observer
Tourism investment in Duqm reaches RO 853m
AL DUQM: Tourism investment in the Special Economic Zone at Duqm (SEZAD) reached over RO 853 million by the end of last year, reflecting the growing appeal of the governorate as a tourism destination. The area now boasts 21 hotels, 10 hotel apartment complexes and a large-scale multi-use tourism development that includes hotels, villas and hotel apartments. This surge in investment is attributed to rising demand for tourism services, an increasing number of visitors, and a favourable business climate supported by the Public Authority for Special Economic Zones and Free Zones and SEZAD. Official statistics show that 16 tourism projects had been completed by the end of 2023, with 11 currently under construction and five others still in the planning phase. Eng Ahmed bin Ali Akaak, CEO of SEZAD, highlighted Duqm's unique location on the Arabian Sea, moderate climate throughout the year and a wide range of amenities as key factors attracting tourism interest. Eng Ahmed bin Ali Akaak CEO, SEZAD Notable attractions include scenic beaches, the Rock Garden, Duqm Beach Park and a public park in the Sai Commercial District, which has become a new landmark. Additionally, nearby attractions, such as Bar Al Hikman, enhance Duqm's appeal. Akaak noted that SEZAD, in partnership with the Public Authority for Special Economic Zones and Free Zones, is actively organising sporting, economic and tourism events to promote investment in the tourism sector. He pointed to the governorate's strategic plan for 2025–2030, which places tourism development at its core. The first of two key themes focuses on enhancing quality of life through urban and social development, while the second aims to promote Duqm as a distinctive tourism destination by expanding the variety and quality of visitor experiences. One of the flagship promotional initiatives is the 'Pass by' campaign, which has been successful in drawing tourists travelling to and from Dhofar. This year, the campaign is set to grow further with a packed calendar of activities designed to meet the expectations of tourists. Akaak also stressed Duqm's coastal advantage, with attractive beaches at Nafun and Ras Madrakah. SEZAD is encouraging private sector participation to unlock the area's full tourism potential and implement new projects that make use of Duqm's natural assets. — ONA
Observer
12-07-2025
- Observer
'Mar Alaina' tourism campaign launched in Duqm
Duqm - The Special Economic Zone at Duqm (SEZAD) launched the fourth edition of its 'Mar' Alaina' campaign, as part of its ongoing efforts to promote the rich tourism offerings of Duqm in Al Wusta Governorate and to reinforce its position as a preferred stopover for travelers heading to or returning from Dhofar during the Khareef (monsoon) season. The campaign aims to enrich the tourist experience by highlighting the natural attractions and entertainment options available in Duqm and Al Wusta Governorate more broadly. It encourages travelers to stop and Explore Duqm's landmarks instead of simply passing through on their way to other destinations. The tourism route from Muscat to Duqm and then to Salalah is one of several that boost the tourism sector by enabling residents, expatriates, and tourists to discover numerous scenic spots along the Arabian Sea. Mustafa bin Mohammed Al Balushi, Head of Communication and Media at SEZAD, stated that the campaign, first launched in 2022, has successfully enhanced Duqm's standing as a promising destination on Oman's tourism map. He noted that this year's edition aims to attract a broader audience by offering diverse activities, events, and comprehensive tourism experiences that merit multi-day stays. He emphasized that SEZAD is an ideal location to stop over for several days, either en route to Dhofar or on the return trip. Al Balushi added that in recent years, Duqm has witnessed remarkable developments in its tourism infrastructure, including facilities, services, hotels, restaurants, parks, and roads. The city now offers over 2,500 Hotel rooms are spread across four- and three-star hotels as well as hotel apartments. Additionally, camping options are available through the Duqm Beach Park, which is equipped with necessary amenities. The campaign targets various groups, including families and travel groups heading to Dhofar from northern and central Oman, tourists from GCC countries, youth, nature and adventure enthusiasts, and social media influencers. Al Balushi affirmed that Duqm offers enriching experiences for every category. Running until the end of September, the campaign includes poetry evenings, a kite festival, a charitable kitchen event, and children's shows held at the new Duqm Park in Sai Commercial District. Participating Hotels will also offer special deals and discounts for travelers. Kiosks selling Omani products and handicrafts will be available to support local small and medium enterprises. Duqm's key tourist attractions include the Rock Garden, its diverse beaches, and nearby locations such as the Arabian Oryx Sanctuary, Barr Al Hikman, and Ras Madrakah—each adding unique value to visitors' experiences.
Observer
25-05-2025
- Business
- Observer
70% of Duqm Airport–Ras Markaz dual carriageway complete
Duqm: The Duqm Airport Roundabout to Ras Markaz dual-carriageway project has surpassed 70% completion, with several vital works finalized, positioning the project to soon facilitate effective traffic flow. The project features a dual-carriageway comprising two lanes in each direction over a 42.9-kilometre stretch, along with 11.5 kilometres of subsidiary roads, including access routes to roundabouts and connections to the airport area. The road will link storage tanks at Ras Markaz with the Duqm Airport Roundabout, passing alongside the Green Industries Zone and several ongoing projects. It will also connect to the populated village of Dhahar and the Salalah route, enhancing integration among strategic projects in the southern sector of the Special Economic Zone at Duqm (SEZAD). Eng Salim bin Juma al Ghanbousi, Senior Quantity Surveying and Contracts Specialist, stated that the project's cost exceeds RO 57.6 million. It forms part of SEZAD's vision to develop robust infrastructure supporting sustainable growth, with strong commitment to executing the project to the highest quality standards while adhering to the scheduled timeline. In a statement to Oman News Agency (ONA), he explained that the project includes critical works such as constructing wadi drainage culverts, creating future utility corridors (for water, electricity, and communications), relocating damaged fiber-optic cables, and providing necessary protection for Duqm Refinery's oil pipelines. Eng Mohammed bin Salim al Tamimi, one of the project engineers at Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer), reported that over 90% of works on Main Roads 1 and 2 have been completed, along with more than 90% of concrete construction works. Asphalt layer works have exceeded 70% completion. In his statement to ONA, he noted that all surface water drainage culverts have been fully implemented. The project also includes installing smart lighting poles along the entire route. Additionally, 10% of the total project value has been allocated to small and medium enterprises (SMEs), reinforcing their role in major project execution and supporting the local economy.
Observer
10-05-2025
- Business
- Observer
Strategic bet or economic necessity? Duqm's shift
As global competition for leadership in clean energy intensifies, Oman's Special Economic Zone at Duqm (SEZAD) is quietly pivoting towards a new future — one defined by green hydrogen, industrial decarbonisation and smart urban development. Beyond the headlines of multibillion-dollar investments, the April 2025 issue of Duqm Economist magazine reveals deeper, more strategic shifts that merit close attention — and serious reflection. At stake is not merely Duqm's industrial growth, but Oman's ability to secure its place in an increasingly carbon-conscious global economy. The question is no longer whether Oman should transition; it is whether it can move swiftly enough to capture opportunities before others do. Traditionally known for hydrocarbons logistics, Ras Markaz Oil Storage Terminal is undergoing a quiet transformation. According to the magazine, future expansions will enable the terminal to handle green hydrogen and ammonia exports, making it a dual-purpose hub straddling both fossil fuels and the energy sources of tomorrow. This is more than infrastructure diversification — it represents a profound strategic recalibration. Global demand for clean hydrogen is forecast to grow exponentially by 2030, particularly from Europe and East Asia. By positioning Ras Markaz for green energy exports, Oman is laying the groundwork to secure a share of these emerging supply chains — competing with early movers like Saudi Arabia's NEOM and Australia's hydrogen hubs. Parallel to this, Duqm is preparing to host Oman's first industrial-scale carbon capture and storage (CCS) projects. Early planning stages suggest that new green steel and ammonia plants will integrate CCS technology from inception, offering products with substantially lower carbon footprints. In a world increasingly driven by emissions accounting — where carbon intensity is becoming as important as cost — this could give Omani exports a critical competitive edge. One of the most promising, but under-reported, initiatives is SEZAD's effort to anchor Oman's local economy within its green transition. Rather than limiting benefits to large foreign companies, new programmes aim to integrate Omani SMEs into supply chains, particularly in technical services, maintenanceand auxiliary industries linked to green hydrogen and steel. If executed effectively, this could catalyse the development of a domestic green industrial base — creating sustainable jobs, nurturing technological capabilities and reducing Oman's import dependence in key sectors. This localisation effort contrasts sharply with earlier models of economic zones, which often saw limited trickle-down benefits to the national economy. It signals a maturing industrial strategy: one focused on building economic ecosystems, not just infrastructure. Another major, but less publicised, aspect of Duqm's transformation is its urban expansion plan. OPAZ envisions a livable smart city — not merely an industrial outpost — complete with residential areas, healthcare services, educational facilities and tourism attractions. This urban development approach serves multiple strategic purposes. It makes Duqm more attractive to skilled workers and foreign investors seeking quality living standards. It supports Oman's demographic strategy to spread population growth beyond Muscat. And crucially, it diversifies economic activities beyond heavy industry, building resilience into Duqm's long-term growth model. The creation of a vibrant urban centre in Duqm would align Oman with global best practices, where economic zones evolve into full-fledged cities — as seen in places like Singapore's Jurong or Dubai's Jabal Ali Free Zone and its surrounding residential hubs. Oman's pivot at Duqm reflects both strategic vision and hard economic necessity. The global shift towards clean energy, green finance and ESG (Environmental, Social and Governance) standards is irreversible. Markets are already pricing carbon intensity into financing terms, trade agreements and investment flows. Countries that act decisively — building green industries, lowering emissions and ensuring local participation — will attract capital, talent and partnerships. Those that move slowly will face shrinking markets for carbon-intensive exports, rising financing costs and competitive marginalisation. Duqm's ongoing transformation offers Oman a rare second-mover advantage: learning from global pioneers, avoiding costly missteps and positioning itself as a pragmatic, cost-effective green economy player. However, time is not on Oman's side. The race is accelerating, and Duqm's strategic initiatives must translate into visible outcomes — operating CCS plants, exporting green hydrogen, building thriving SME clusters — within the next five years to secure their intended benefits. Duqm is no longer just a symbol of Oman's industrial ambition; it is becoming a bellwether for the country's broader economic future. Its success or failure will offer early signals about whether Oman can transition from a hydrocarbon-dependent economy to a resilient, low-carbon, diversified growth model. The blueprint revealed by Duqm Economist magazine is promising. Now, the challenge lies in execution — and speed. If Duqm succeeds, Oman will not just participate in the future global economy — it will help shape it.
