Duqm Economic Forum 2023
1st Edition

2023 Highlights

Duqm Economic Forum 2023 ignited vital collaborations, uniting global leaders and decisively showcasing Duqm’s accelerating momentum on the world stage.

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Attendees

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Investments

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Agreements Signed

Success Stories

Vulcan Green Steel

Vulcan Green Steel, by Jindal Shadeed in Duqm, is the region’s largest green hydrogen-ready steel plant, driving Oman's push toward low-carbon industrial growth.

OQ8

OQ8, a joint venture between OQ Group and KPI in Duqm's SEZAD, refines 230,000 BPD, enhancing Oman's capacity and emphasising innovation and sustainability.

Karwa Motors

Karwa Motors, a Qatari-Omani joint venture established in Duqm in 2017, marks Oman's entry into global bus manufacturing with innovative, customised solutions.

Media Gallery

Key Agreements Signed Duqm 2023

Land for Renewable Energy to Power Green Hydrogen and Amonia Production
OPAZ
Duqm
Hydrom
Hyport
Marine Infrastructure (BOOT) & Steel Plant Construction
Jindal Steel
Port of Duqm
MoU for Hydrogen Derivatives Facility Plot
Posco
Duqm
MoU for Decarbonization Collaboration
Shell
Duqm
MoU for Hydrogen Derivatives Facility Plot
BP
Duqm
Concession for Muscat Airport Free Zone
Asyad
Duqm
Construction of 51kms Duqm Airport - Raz Markaz Road
Strabag
OPAZ