APPROVAL DATE: December 08, 2016 SECTOR: TRANSPORT - Port REGION: OMAN

Oman: Duqm Port Commercial Terminal and Operational Zone Development Project

Project Description:

The objective of the Project is to achieve the potential economic benefits from Duqm port development through improved transport efficiency, strengthened logistics, facilitated mineral exports, and reduced supply chain delivery time and costs for the wide spectrum of industries in the new Duqm Special Economic Zone.

The Project will mainly include the civil works for the construction of port related infrastructure including port access roads, cargo storage, Terminal buildings, and Operational Zone’s facilities buildings. The Project is estimated to be implemented over a period of 3.5 years from January 2017 to June 2020.

Special Economic Zone Authority Duqm (SEZAD) will execute the Project. In this connection, SEZAD has already recruited a team of international specialists assisted by national experts in all the required disciplines including project management, technical, financial, procurement, and contract management. The Ministry of Transport and Communications will be responsible for overall coordination with all other ministries and oversight during the project implementation.

Responsible AIIB Officer

Shakeel Khan

Principal Investment Operations Specialist

Investment Operations Department

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