Duqm Special Economic Zone and Consortium Antwerp Port (CAP) and Port of Duqm Co announced that they have concluded negotiations and are reaching an agreement on the final project documents for awarding port concessions.
The deal was signed by H E Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications and chairman of DPC, Yahya bin Said al Jabri, chairman of Duqm Special Economic Zone Authority (SEZA) and Marc Stordiau, on behalf of CAP.
The signing was also witnessed by Didier Reynders, Deputy Prime Minister and Minister of Foreign Affairs of Belgium, who is currently visiting the sultanate to promote bilateral relations.
In a press statement, Reynders expressed joy at this partnership and affirmed that the Duqm Special Economic Zone has many attractive opportunities and that the port will have a prominent place in the world.
He affirmed that Omani-Belgian relations will not be limited to the Duqm port but will rather extend to include other ports and sectors.
H E Dr Futaisi said that work at the Duqm port needs more time and effort and is expected to be fully completed by 2016.