MUSCAT : The strategy, unveiled as part of the Public Authority for Special Economic Zones and Free Zones’ (OPAZ) broader vision, aims to strengthen Duqm’s position as a preferred hub for renewable energy, sustainable industries, and tourism.
The event also introduced an institutional transformation program and an enhanced identity for SEZAD, aligning with its long-term growth plans.
Engineer Ahmed bin Ali Akaak, CEO of SEZAD, highlighted that the strategy builds on Duqm’s strategic location, world-class infrastructure, and investor-friendly incentives to create a sustainable business ecosystem.
The strategy prioritizes localizing investments in key economic sectors while accelerating development and marketing efforts for sub-regions, ensuring they meet the evolving needs of both existing and future investors.
Huda bint Abdullah Al Habsi, Head of Corporate Transformation at OPAZ, outlined the five core objectives that will drive the implementation of Duqm’s new strategy:
Expanding opportunities across multiple sectors to attract investors.
Enhancing infrastructure and investor services.
Positioning Duqm as a vibrant urban and social hub.
Strengthening Duqm’s appeal as a unique travel destination.
Implementing best practices in governance, planning, and execution.
Al Habsi emphasized that the strategy was developed through intensive consultations and workshops involving SEZAD employees and key stakeholders.
The new strategy aims to increase investment inflows into SEZAD while elevating investor satisfaction and competitiveness through enhanced infrastructure, services, and sustainability measures. Additionally, a comprehensive urban, commercial, and social development plan is set to make Duqm a top choice for living and working.
Al Habsi also highlighted Duqm’s growing potential as a tourist hotspot, with plans to introduce new visitor experiences and investment opportunities to establish it as a premier destination.
The ceremony also featured a review of SEZAD’s enhanced identity and executive plan, designed to align with its institutional transformation program and long-term strategic objectives.
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