In order to attract ... industrial investments SEZAD announces the readiness of 10 million sqm of industrial lands for investors
May 29, 2022
In order to attract industrial investments
SEZAD announces the readiness of 10 million sqm of industrial lands for investors
Duqm - May 29, 2022
The Special Economic Zone at Duqm (SEZAD) announced the readiness of a group of lands allocated in the masterplan for various industrial projects that will be developed in the Zone. The levelling and grading works for these lands, which cover a total area of about Ten (10) million sqm, have been completed. SEZAD is also working to enhance the infrastructure of these lands by providing electricity, water and gas services to get them ready for investors who are interested to start their industrial projects in the Zone.
The industrial lands levelling and grading project comes in response to the ongoing growth witnessed by SEZAD, with the anticipated completion of installing the modern cranes in the Port of Duqm and the arrival of the gas main pipeline. This complements the package of facilities and incentives offered by the Zone to investors, serving to expedite completing the investors’ land usufruct applications and procedures to start their investment projects. It, further, backs SEZAD’s serious efforts to attract local and foreign investments in various sectors, especially industrial ones.
On the other hand, investors can take advantage of the electronic service for the direct selection of lands that was recently launched by the Public Authority for Special Economic Zones and Free Zones (OPAZ) in the Special Economic Zone at Duqm. Investors could select the plot of land directly from the Zone’s masterplan once they determine the type of their investment projects and the plot of land required. This enables investors to quickly and easily choose the appropriate location among the already levelled and graded lands with the possibility to know the distance between the land and nearby available utilities.
In this regard, Eng. Saleh bin Rashid Al Hashmi from the Special Economic Zone at Duqm stated that the Zone is constantly seeking to enhance and increase its support for investors and provide an attractive investment environment by enriching the system of various facilities and incentives it offers to investors. In addition, it works on developing its various electronic services to facilitate the procedures of land usufruct and invest in Duqm, where investors can submit their applications and choose the land to invest in SEZAD from around the world with all the relevant services and facilities available to start his project.
Eng. Al Hashmi stressed the readiness of industrial lands, which enjoy completed infrastructure that enable investors to start their projects without bearing additional costs on the levelling and grading works for the lands. He also pointed out that these lands are distinguished by their proximity to different services, facilities and projects in Duqm. As well, they are connected with a network of roads leading, while SEZAD is also awarding a number of tenders to connect all the lands with paved roads in order to facilitate its accessibility.
It is worth noting that the Special Economic Zone at Duqm stands as the largest in the Middle East and North Africa, covering an area of 2,000 sqkm. It offers ready lands to attract commercial, tourism, economic and industrial investment projects, renewable energy projects and others.