Oman’s Duqm Port development deal with India’s Adani Group remains open; concrete plans awaited

  • Date: 06-Mar-2024
  • Source: The Arabian Stories News
  • Sector:Real Estate
  • Country:Oman
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Oman’s Duqm Port development deal with India’s Adani Group remains open; concrete plans awaited

Oman's anticipation of Indian investments, particularly in the development of the Duqm Port by the Adani Group, continues as discussions progress, report Indian news media.

The post Oman’s Duqm Port development deal with India’s Adani Group remains open; concrete plans awaited appeared first on The Arabian Stories News.MUSCAT : As per online reports on the subject, concrete plans are, however, yet to materialize following the signing of a Memorandum of Understanding (MoU).The ‘Invest in Oman’ event in Muscat saw officials engage in fruitful dialogues with representatives from the Adani Group, further solidifying the mutual interest in the project. These discussions extended to on-site visits, including explorations of Adani’s Indian headquarters and the Duqm port site in Oman.Saleh Hamood Al Hasani, advisor to the Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), emphasized Oman’s optimism toward Adani Group investments, reaffirming the country’s commitment to fostering partnerships for economic development.While detailing the progress made during the ‘Invest in Oman’ event, Al Hasani highlighted the collaborative efforts, and is reported to have said, “An Omani delegation has visited the Adani office in India for detailed discussions for port development. A delegation from the Oman side also visited the Adani