Invest in Duqm promotional campaign kicks-off in Belgium

September 10, 2019

The ‘Invest in Duqm’ promotional campaign, organised by the Special Economic Zone Authority at Duqm (SEZAD), kicked-off in the Belgian capital, Brussels on Monday. 

Present at the campaign launch were Dr Raoul Delcorde, director of the Middle East at the Belgian Ministry of Foreign Affairs; Johan Beerlandt, president of Arab-Belgian-Luxembourg Chamber of Commerce and Najeem bin Sulaiman al Abri, Sultanate’s Ambassador to the Kingdom of Belgium and the European Union.

The ‘Invest in Duqm’ Campaign is aimed to explore various investment and cooperation opportunities with Belgian and European companies and attract them to invest in Duqm.

Speaking on the occasion, Yahya bin Saeed al Jabri, SEZAD’s chairman said that the promotional campaign for Duqm in the Kingdom of Belgium seeks to bring more economic and investment cooperation opportunities between the sultanate and Belgium, reflecting on the growing relations between the two countries.

“Belgium currently plays a very crucial role in the development of the Special Economic Zone at Duqm, specifically, the concession agreement signed with Consortium Antwerp Port to manage and operate the Port of Duqm and its industrial land,” Jabri pointed out.

“Initiating a dialogue on trade and investment cooperation between the Kingdom of Belgium and the Duqm Special Economic Zone in the Sultanate of Oman is of utmost importance to us. This session emphasizes on the great importance we attribute in strengthening our economic and commercial relationship with Belgium,” he added.

“In the last decade, Belgium became the leading hub for the fast growing GCC chemicals exports in Europe that has steadily been increasing market share over the years,” Jabri said.

During the campaign, a forum was held in which a number of presentations were conducted to familiarise attendees with investment opportunities in Oman. Muhanna al Sinani, investment promotion specialist at Ithraa, shed light on the investment climate in the sultanate.