Fisheries Development Oman launches state-of-the-art fishing vessel "Acila" to enhance sustainable fishing practices zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Due to the hydrocarbons-focused nature of its economy, Oman was not immune to the global shocks of the past decade. The government is therefore pursuing economic diversification, with specific sectors being strategically targeted for development. The authorities have also rolled out a number of new laws in recent years to create a more accommodating legislative environment for investors, and have focused on privatising government-owned enterprises, creating special economic zones and strengthening local representation in the workforce.
The Public Authority for Special Economic Zones and Free Zones (OPAZ) on Thursday signed a usufruct agreement with Marsa Al Duqm Investments Company for the fishing port at Duqm.
MUSCAT: Marsa Al Duqm Investments Company, a multinational consortium, has signed a usufruct agreement with the Public Authority for Special Economic Zones and Free Zones (OPAZ),.