Duqm: The Special Economic Zone at Duqm (SEZD) 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% completion so far.
Upon its completion, the project will attract various companies around the world to Duqm and place it a hub for marketing and selling their products.
This project aims to bring Chinese commodities and manufacturing capacity to the Sultanate of Oman. 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 onboard. The project’s first phase is spreading over 30,000 sqm out of the total 80,000 sqm of area allocated for Duqm Material Market. However, the other two phases of the project will be developed in the far future as planning these phases depends on the function of phase one and the potential demands from the market.