News
Duqm Material Market Nears Halfway Stage Of Completion

The Special Economic Zone at Duqm (SEZAD) hosts the first-of-its-kind material market with workshops, showrooms for retail and wholesale businesses and warehouse facilities in the Sultanate of Oman.
Being one of the first projects in the Sino-Omani Industrial Park in SEZAD, the project is jointly developed as a strategic partnership between Oman Wanfang, developer and operator of the China-Oman Industrial Park in Duqm, Al Thabat Holding Company, an investment company active in infrastructure activities, and Oman Company for the Development of Special Economic Zone at Duqm (Tatweer).
The first phase of the project has recorded 40 per cent completion so far.
Upon its completion, the project will attract various companies around the world to Duqm and place it as a hub for marketing and product selling.
This project aims to bring Chinese commodities and manufacturing capacity to the Sultanate. Its focus will be mainly on wholesale demands for local and international markets in terms of exporting products.
This remarkable project is well-received by many companies from China, which expressed their interest to come on board.
The project’s first phase is spreading over 30,000 sqm out of the total 80,000 sqm area allocated for the Duqm Material Market.
However, the other two phases of the project will be developed in the future as planning these phases depends on the function of phase one and the potential demands from the market.
-
News1 month ago
Offer Price, Overview, Investors: Here’s Everything You Need to Know About Asyad Shipping’s Mega IPO
-
OER Magazines1 month ago
OER, February 25
-
Automotive2 months ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Alamaliktistaad Magazines1 month ago
Al-iktisaad, February 2025
-
Energy1 month ago
Dubai Supreme Council of Energy Unveils 5th Emirates Energy Award 2023–2025 in Muscat
-
News2 months ago
Oil Prices Rise as Investors Assess New US Tariff Threats
-
News2 months ago
Middle East Emerging as a Key Destination for Sports Tourism
-
News1 month ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat