Ad Duqm Port and Free Trade Zone a piece in Oman's future vision.

Ad Duqm was once, only a few years ago, a small village with a couple of shops, an equal number of local restaurants and it was a cash economy with not even a bank. However times have changed and Oman’s Ad Duqm Port and Free Trade Zone Ad Duqm (Duqm SEZA) hosted Oman Wanfang LLC, a Chinese company, for a signing ceremony on the 19th April for Oman Wanfang to develop 1,172 hectares of land adjacent to Ad Duqm’s port as Oman China Industrial Park at Ad Duqm.

China-Arab Wanfang Sign at Ad Duqm Port and Free Trade Zone
China-Arab Wanfang Sign

Ad Duqm is a key part of Oman’s renewed focus Continue readingAd Duqm Port and Free Trade Zone a piece in Oman’s future vision.

Ad Duqm Port and Economic Zone

The new port at Ad Duqm, some 500kms by road south of Muscat is rapidly becoming the most active economic area in Oman. From a town that a few years ago had no Bank, it was developed by the Oman government

Oil Tankers Oman
Oil Tankers Oman

in co-operation with Koreas Daewoo into a dry-dock to take advantage of the tankers and container ships that use the sea route about 50kms off the port. Since then Continue reading “Ad Duqm Port and Economic Zone”