Construction of Commercial Centre (Souq) in the city of Duqm

October 04, 2016

The Duqm Special Economic Zone Authority (SEZAD) floats a new investment opportunity for the private sector.

The Duqm Special Economic Zone Authority (SEZAD) floats today a new investment opportunity for the local private sector that includes the construction of a Commercial Centre (Souq) within the efforts of expanding the investment possibilities available for the private sector in the Sultanate and to benefit from the incentives and privileges provided to investors by the Authority.

The terrain area assigned for the construction of the Commercial Centre is of 80 thousands square meters and it is located in a vivid location within the Sai District inhabited by a large number of population. The land is also located near a project of 150 residential units for people of Duqm, and nearby commercial banks and the center of commercial activity in the Wilayat of Duqm, pointing out that all infrastructure services are available on-site.

Floating this opportunity comes as a part of encouraging investors to benefit from available capabilities, resources and incentives offered for projects within the Duqm Special Economic Zone of all economic sectors, according to the comprehensive plan for developing the zone and the Authority´s well to enhance and increase the contribution of the private sector in economic activities.

The Authority looks forward to the market to become the nucleus of the modern city of Duqm and to be developed by the investor in a manner that meets the needs of the local community and residents, as a part of the Authority´s vision to develop the lifestyle in Duqm by relying on smart urban plans that are designed in an effective manner.