'Duqm Material Market', the third project in the China-Oman Industrial City in Duqm, was inaugurated today at the Special Economic Zone at Duqm (SEZAD). The project has an investment cost of RO 7.5 million. 'Duqm Material Market' occupies an area of ??32,000 square metres and it has been established in cooperation with three partners: Chinese company 'Wanfang', 'Al Thabat Holding Company (Oman)' and 'Duqm Development Company'. The activities of 'Duqm Material Market' include selling all types of building materials, electrical appliances and luxury items, in addition to displaying Chinese cars. The compound comprises converting units that enable companies to manufacture their products in full ease. Source: Oman News Agency
Related Articles
13th WTO Accessions Roundtable Meetings Begin in Muscat
Muscat: The 13th China Roundtable on World Trade Organization (WTO) Accession commenced today in Muscat under the theme ‘Advancing Arab Economies: From Strategic Accession to Global Trade Integration.’ Hosted by the Sultanate of Oman in collaboration …
Korea’s Economy on Growth Course Despite Slow Q2 Rates
The Republic of Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectations for a rate cut, but the central bank brushed off any excessive concern about the latest retreat …
Oman Participates in GCC Financial Discussions in Kuwait
Kuwait city: The Sultanate of Oman took part in the 74th meeting of the Committee of GCC Undersecretaries of Ministries of Finance, convened in Kuwait. Leading the Omani delegation was Abdullah Salim Al Harthy, Undersecretary of the Ministry of Financ…