The Special Economic Zone at Duqm (SEZAD) in Oman is actively positioning itself as a prime destination for foreign direct investment (FDI). To further strengthen its global reach, SEZAD has recently collaborated with an Irish consultancy firm and hosted a high-level delegation from the Asian Infrastructure Investment Bank (AIIB).

Training for Enhanced FDI Attraction

In partnership with the Irish consultancy, SEZAD has launched a comprehensive training program for its staff. This program aims to equip SEZAD with the necessary skills and knowledge to attract and nurture strategic FDI.

The focus is on understanding the pivotal role of FDI in economic growth, job creation, and GDP expansion. The training covers strategies for developing compelling value propositions, targeted marketing campaigns, and effective post-investment support to foster business expansion and maximize growth.

Collaboration with AIIB

SEZAD's commitment to international partnerships is further underscored by its recent meeting with a delegation from AIIB.

The discussions explored potential investment opportunities, strategies for strengthening economic ties, and ways in which AIIB can contribute to SEZAD's strategic development goals.

Institutional Transformation

These initiatives are part of a broader effort by OPAZ, the Public Authority for Special Economic Zones and Free Zones, to transform its institution and enhance its ability to attract both local and foreign investments.

The training programs and international collaborations are key components of this transformation, empowering SEZAD to play a more active role in fostering economic growth and development.