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.
-
Economy3 weeks agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines2 months agoOER Magazine April 2026 Issue
-
Lifestyle2 months agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
Banking & Finance2 months agoTariq Atiq Appointed as CEO of Bank Nizwa
-
Oman2 months agoWhat Is Musstir Heights, Oman’s RO300mn Mountain Destination?
-
News2 months agoOman to Build EV & Battery Cell Plant in Duqm
-
Real Estate2 months agoOman Real Estate, Design & Build Exhibition-Conference 2026 Gets Underway
-
Economy2 months agoNon-Oil Sector Drives GCC Growth as Diversification Momentum Strengthens in Q3 2025
