SEZAD Signs Four Agreements Worth OMR 84.7 mn

SEZAD Signs Four Agreements Worth OMR 84.7 mn
Oman City

The Omani Special Economic Zone Authority in Duqm (SEZAD) signed four agreements on February 9 to implement a number of infrastructure projects in the Special Economic Zone (SZD) at a cost of about OMR 84.7mn, Invest-Gate reports.

These agreements come within the framework of Oman’s Ninth Five-Year Plan and development until 2020 to make Duqm a city that attracts business activities, investments, and a favorite destination for work and residence.

According to a statement,signing of these agreements is within the framework of SEZAD’s plans to set up a system draining surface water and providing appropriate protection for the projects currently implemented in SEZD.

These projects include the construction of protection dams and major and secondary drainage channels, with capacities sufficient to drain wadi waters through collecting rainwater and safely discharging it in the sea based on appropriate amounts of rain expected in SEZD.  

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