Duqm to be the main pillar of Oman’s economy
Saleh Al Shaibany SHARE
SALEH AL SHAIBANY - saleh shaibani@yahoo.com - The now sprawling town of Duqm is spearheading the diversification of the Omani economy away from the reliance of oil revenues with new multi-million rial projects.
The government is revamping its ports infrastructure from Muscat to Duqm, Suhar and Salalah, to adapt them for tourism but more importantly to increase industrial production and exports, and to exploit the country’s strategic location to create a hub for international shipping. Regional powers such as China and India are interested in establishing commercial and strategic footholds in the free ports, and Oman aims to capitalise on what it hopes will be economic integration into the world markets.