Media

The Public Authority for Special Economic Zones and Free Zones has signed investment agreements for six projects in the Special Economic Zone at Duqm, with a combined investment value of OMR 55.08 million. The projects cover food security, fisheries, recycling and services, adding to the diversity of economic activities in the zone.

The projects include the Al Jazer Feed Factory, which will produce shrimp feed. The project represents an investment of OMR 40 million and will occupy approximately 88,000 square metres. It will include production lines, facilities for receiving and storing raw materials, and units for quality control, packaging, shipping and distribution. The factory will support the company’s integrated shrimp-farming project.

The agreements also cover a quarantine facility for imported livestock and the supply of red meat for Al Karkh Trading Company. The project involves an investment of OMR 4 million and will occupy more than 526,000 square metres.

In the fisheries sector, Muscat Changming Investment Company will establish a fish canning factory with an investment of OMR 5.36 million. The facility will include two fish processing and production lines, with a planned combined capacity of 40 to 60 tonnes per day.

Al Sawari International Investment will establish a factory to process and dry tuna and squid products. The project represents an investment of OMR 3.6 million and will have a processing capacity of up to 10,000 tonnes annually.

The remaining projects are a refinery by Al Tareeq Al Thaki Investment Company to recycle used oils and petroleum waste, with an investment of OMR 1.92 million, and a residential and commercial building by Easy Solutions Technology Company, representing an investment of OMR 200,000.

Eng. Ahmed bin Ali Akkaak, Chief Executive Officer of the Special Economic Zone at Duqm, said the agreements reflect the diversity of investment opportunities available in the zone across the food, fisheries, recycling and services sectors. He added that the projects will contribute to increasing the value added to local resources and developing related supply chains.

He noted that the investments will benefit from Duqm’s integrated infrastructure and strategic location. The zone continues to work with investors to facilitate project implementation and support their growth, contributing to economic diversification and creating opportunities for businesses and national talent.