Pact signed to attract Turkish investments in Duqm

Pact signed to attract Turkish investments in Duqm

Muscat: The Public Authority for Special Economic Zones and Free Zones (Opaz) and the Ministry of Commerce, Industry and Investment Promotion signed a cooperation programme with a trade delegation from the Turkish Gebze Organised Industrial Zone (GOSB) to attract Turkish investments to the Sultanate through the Special Economic Zone at Duqm (Sezad). The Turkish delegation visit to the Sultanate is organised by the Ministry of Commerce, Industry and Investment Promotion, represented by the investment promotion sector, in cooperation with Opaz. The visit aims to discuss ways of trade and investment cooperation between the two countries and to meet with officials from a number of authorities concerned. During the visit, an initial agreement was signed for an investment project to replicate a model for the Gebze Organised Industrial Zone (GOSB) in the Special Economic Zone at Duqm. The key joint investment sectors include mining, petrochemicals, food and logistics. This joint investment project will be an activation model for the Turkish Industrial Zone in Duqm. The cooperation programme was signed by Eng. Ahmed bin Hassan Al Dheeb, Deputy Chairman of Opaz, Asila bint Salim Al Samsamiyah, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, and Fahit Yildirim,