Oman’s Duqm development plans take shape
MEED
9 April 2021 (Last Updated April 9th, 2021 10:43)
The suspension of the planned Duqm Petrochemicals project in December last year appeared to be a setback for Oman's plan to establish Duqm as a major economic hub in the sultanate.
The components of Oman’s most strategic project are coming to fruition. Credit: MEED.
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The suspension of the planned Duqm Petrochemicals project in December last year appeared to be a setback for Oman’s plan to establish Duqm as a major economic hub in the sultanate.
However, Muscat has stayed the course and the billions of dollars that Omani state-owned companies have invested in building strategic industrial facilities at the Special Economic Zone at Duqm (Sezad) are yielding results.