Muscat: Oman’s Port of Duqm has launched a new subsidiary to help support the development of industrial clusters for investment within the adjoining Special Economic Zone (SEZ) at Duqm.
“In addition to managing the Port of Duqm, Port of Duqm Company (PDC) will also be investing in the development and management of large tracts of land for industrial and logistics related investment. We will pursue an integrated approach to the development of Duqm driven by synergies between the maritime, logistics and industrial activities within the port area and the adjoining SEZ,” said Peter Broers, General Manager — Industrial Land, Port of Duqm.
PDC has been allocated 2,000 ha of land for petrochemical and medium and heavy industries to develop and manage as part of its concession agreement with the Omani government. [05/05/14]