Duqm Refinery launches its In-Country Value Programme Opportunities Forum in Duqm
Duqm Refinery has launched its In-Country Value (ICV) Programme Opportunities Forum at Crowne Plaza Hotel in Duqm.
The launch of the programme coincides with the commencement of construction work of the refinery which is expected to become operational by end of 2022. The Duqm Refinery ICV programme aims at maximising the economic benefits for the local community and businesses during the construction phase. The programme also aims at increasing the number of its beneficiaries and boosting the economic and social development in Al Wusta and the whole country. Moreover, the programme targets local small and medium sized enterprises while promoting local supply chain. The programme will provide opportunities for training, development and employment of Omani youth in a number of technical specialisations needed in the project.
Jacobus Nieuwenhuijze, project director, Duqm Refinery, said, “We are glad to announce the promising opportunities this project will offer to the governorate and the whole country. During construction, the project will contribute in creating training and development opportunities that will make a positive economic and social impact in the sultanate.”
Nieuwenhuijze added, “The programme will also contribute in spreading social welfare through embracing technical graduates from higher education institutions. Taking part in the development of Special Economic Zone of Duqm is an important objectives of our campaign as well.”
Eng Yousuf bin Mohammed al Jahdami, deputy project director, said, “Following the wise directives of His Majesty Sultan Qaboos bin Said, aims of concentrating efforts to develop local small and medium sized enterprises, for their positive impact in creating job opportunities for youth and for their contribution in the local economy. Today, we are proud to launch our In-Country Value Programme which will create business opportunities for local SMEs through the services and goods required for the project.”
Jahdhami added, “Duqm Refinery construction project includes three EPC phases that will be executed at the same time. Each EPC contains a number of opportunities for SMEs, local community contractors and suppliers. To achieve our goals, we have dedicated ten per cent of the total project value in each EPC for local SMEs, while 20 per cent of the same value is dedicated for local sourcing of goods and services. Also, we have agreed with our contractors to implement ten per cent of Omanisation at all occupational levels in their companies.”
Nas-ha bint Mohammed al Falahia, GM, Corporate Affairs, said, “It is our pleasure to announce the launch of Duqm Refinery ICV as an addition to the efforts made to achieve sustainable development in the Special Economic Zone of Duqm. SEZAD is entrusted to become one of the main arteries for the national economy and a hub for petrochemical and transformational industries in the region in the near future. It also represents the cooperation between public and private sectors to attract investments.”