Next week's EDF to explore green industry strategies and emerging energy trends

October 10, 2023

EDF attracts 300 local and international figures and companies

The future of green industries, developing trends in the renewable energy sector, and the most significant projects being carried out in the region in this sector will be covered at the Duqm Economic Forum (DEF), which will take place on the 16th and 17th of October in the Special Economic Zone at Duqm.

About 300 experts, professionals, and officials from the public and commercial sectors are expected to attend The Forum, which was organized by the Public Authority for Special Economic Zones and Free Zones in cooperation with many governmental organizations and private sector businesses.

The Forum is part of ongoing initiatives to support the Sultanate of Oman's strategy to develop the green economy and renewable energy sectors.  The Special Economic Zone at Duqm (SEZAD), which has a significant potential for production of renewable energy and green products in addition to energy storage and exporting, will be highlighted as one area where this sector needs to be strengthened and its role in luring investors. SEZAD presents exciting chances for businesses involved in green supply chains. 

Currently, SEZAD is implementing a number of green, renewable energy, and green hydrogen initiatives. Duqm is a renowned spot for attracting green industry and renewable energy projects because of the facilities offered by the Public Authority for Special Economic Zones and Free Zones to attract investments and offer opportunities for growth and the solar, wind, and logistic capabilities that make it easier to export green energy and green hydrogen products.

The Duqm Economic Forum is the first event of its type to be organized in the Duqm Special Economic Zone to address the prospects for and strategies for advancing green industry. Working papers on the benefits of green energy in Duqm, the potential of Duqm in the field of generating electricity from renewable sources, the rising demand for green energy in light of global urban and population growth, and how to benefit from modern technologies to enhance the performance will be presented at the forum by experts and specialists from the Sultanate of Oman, the Gulf Cooperation Council nations, Japan, Belgium, China, India, Brazil, and several other countries.

The event also covers technological developments in the petrochemical and refinery sectors and how they contribute to the production of several crucial parts of the renewable energy system, including solar panels, wind turbines, and batteries. The discussion also covers the necessity for these products globally and Duqm's potential to attract these sectors

In addition, the forum discusses the significant investments made in Ras Markaz crude oil storage station and Duqm refinery, as well as the opportunity these developments bring for petrochemical companies looking to tap into the expanding markets linked to the switch to clean energy and modern technologies.

Moreover, the forum also emphasizes the Port of Duqm's ability to spur investment in the green industries sector as well as the advantageous opportunities for shipping, transportation, and maritime businesses in the Duqm Special Economic Zone.