Duqm Special Economic Zone is located in Al Wusta Governorate in the centre of the Sultanate of Oman, at a distance of 550 kilometres from the capital Muscat. The Special Economic Zone of Duqm is the largest in the Middle East and North Africa, with an area of 2,000 square kilometres.
The Special Economic Zone at Duqm is in its early stages of development but with big ambition and hopes to develop several development zones, the most important being a multi-purpose port, a dry dock for repairing ships, a fishing port, a regional airport, and tourist, industrial and logistical areas.
Full completion of the project is not expected until 2040 to coincide with Oman Vision 2040 with some hoping the previously small sleepy town can rival or exceed that of Dubai.
- Total area: 2,000 sq km – for all uses
- Land tenure: 50 years land use right
- Tax incentives: Tax exemption up to 30 years from the date of commencement of operations, renewable for a further 30 years.