Oman’s Duqm negotiating up to $21bn in new investments, says CEO
- Oman's Duqm Special Economic Zone is negotiating investments worth between 7 billion and 8 billion Omani rials ($18 billion to $21 billion) in the iron and aluminum sectors, with agreements expected by year-end.
- The negotiations focus on low-carbon industries utilizing renewable energy and green hydrogen in Duqm.
- Projects include investments in green aluminum with a planned capacity of 530,000 tonnes annually, alongside other initiatives like the Geely Green Aluminum Project.
