The Special Economic Zone at Duqm (SEZAD) celebrated on Monday the opening of Duqm Hongtong Piping Factory, under the auspices of Eng Yahya bin Khamis al Zadjali, In-Charge of Managing the Operations of SEZAD.
The ceremony was attended by Su Wei, CEO of Wanfang Oman Company, the executive management of Hongtong Duqm Piping Company, Weihai Hongtong Piping, project’s partner and representatives from SEZAD and the Special Economic Zones and Free Zones (OPAZ).
The first-of-its-kind factory in Oman stands as the first project in the Sino-Omani Industrial Park in Duqm. The factory produces non-metallic Reinforced Thermopolyethlene Pipes (RTP), which are mainly used for oil and gas industry and specifically for the collection and transfer of hydrocarbon fluids through the piping networks. At the initial stage, the factory’s products will serve the local market, while afterward these Omani-made products will be promoted and supplied to other regional and international markets in Asia, Africa, America and Europe.
Built over an area of 60,000 sqm, the factory is designed to be capable of producing around 700 km of the “4” and “6” inches Reinforced Thermopolyethylene Pipes (RTP) annually in this phase.
Dr Shao Longan, General Manager of Duqm Hongtong Piping Company, pointed out: “We are pleased to be the first in the Sultanate to bring this business, which meets the increasing demand for the Reinforced Thermopolyethylene Pipes in Oman and the region. We selected to set up the project in Duqm as a promising economic destination as well as to benefit from the competitive advantages offered by the business environment in the Sultanate. On the other hand, this project will serve transferring and exchange technologies from China to Oman for it will drive the oil and gas industry with our products and contribute to the In-Country Value through the training and offering job opportunities.”
Speaking on the occasion, Eng Yahya al Zadjali of SEZAD, stated, “This factory marks one of the main projects in the Chinese-Omani Industrial Park in Duqm, which will play a significant role in meeting the demand for this product by the various economic projects in the zone and oil and gas companies operating in the concession areas. In addition, the project will contribute to strengthening partnership and trade relations between Omani companies and their international counterparts worldwide.”
“Further, it will contribute to thriving the Sultanate’s economy by attracting foreign investments to the country and promoting Duqm as a promising economic and industrial hub in the Sultanate.”
Dawood bin Suleiman al Farsi, Partner and General Manager of Technical and Marketing Affairs, explained: “As a contribution to the Sultanate’s In-Country Value process, the company pays a great attention towards developing locals and employing Omanis in various technical and administrative jobs, with the company currently records 17 per cent Omanisation, while it seeks to increase the rate to 30 per cent during the years 2022-2023.”
