State-controlled consortium to develop and operate the mixed-use fishing port in Duqm

0
801

هذه الصفحة متوفرة بهذه اللغة: العربية

29 November 2020

MUSCAT (WAF): The Public Authority for Special Economic Zones and Free Zones (OPAZ) announced awarding the project to develop and operate the multi-purposes fishing port in Duqm to a consortium of six companies for 50 million Omani Rials ($130 million).

OPAZ said in a press statement today that the project will be developed, managed and operated by an Omani-International consortium. The alliance includes Fisheries Development Oman (FDO), Al Wusta Fishery Industries LLC (AWFI), Oman Food Investment Holding Company (OFIC), Oman Fisheries Company, Port of Duqm Company and French-based S.E.M. Lorient-Keroman.

As per the 28-year usufruct agreement, the consortium will pay the usufruct fees, 15% of the annual net profit, and will allocate 10% of the work to small and medium enterprises while adhering to the Omanisation percentages approved by the Ministry of Labor.

The project includes a fishing port with a depth of 10 meters and a length of 1.2 km of berths, a fishing industries complex, logistics services for local fishermen, commercial fishing vessels and livestock ships, as well as a 75,000 square meter tourist berth.