Duqm Materials Market, the third project in the China-Oman Industrial City for light and medium industries, was inaugurated on Sunday at the Special Economic Zone in Duqm (SEZD). The project was built on an area of 32,000 sqm in partnership with the Chinese company Wanfang, Al Thabat Holding Company, and Duqm Development Company, at an investment cost of RO7.5 million ($19.
4 million). Duqm Materials Market activities include selling all types of building materials, electrical appliances, and luxury items, in addition to displaying Chinese cars. It is equipped with several manufacturing workshops, which allows companies to manufacture their products in the market.
“The Duqm Materials Market project will open new horizons of cooperation between businessmen in China and the Sultanate of Oman, and contribute to strengthening the existing partnership between the two friendly countries and allowing a greater presence of Chinese products in the Sultanate of Oman,” said Su Wei, chairman of the Board of Directors of Duqm Materials Market Company and representative of the Chinese company Wanfang in the Sultanate of Oman. He expressed his hope that the market will contribute to achieving a greater partnership between the two sides, not limited to the field of retail, but also includes manufacturing and exporting to all countries of the world, given the potential available in Duqm, such as activating global trade through the Port of Duqm and the strategic location of the region on gl.