Duqm Economic Forum: Green Hydrogen and Blue Economy Investment Opportunities Highlighted in Muscat
Key Ideas
  • Duqm Special Economic Zone in Oman attracted over OMR6 billion investments in Q3 2024, with a focus on renewable energy projects including green hydrogen, solar, and wind energy.
  • The 5th Duqm Forum showcased investment opportunities in the blue economy, food security, logistics, tourism, and renewable energy sectors, fostering global partnerships and knowledge exchange.
  • Key sessions at the forum discussed strategies for investment in the blue economy, opportunities in food security, logistics, tourism, and renewable energy, as well as technologies enhancing investments in this field.
  • The event highlighted Oman's commitment to developing the blue economy, offering a platform for entrepreneurs and investors to explore sustainable opportunities and establish strategic partnerships.
The 5th Duqm Economic Forum, held in Muscat, Oman, highlighted the significant investments in the Duqm Special Economic Zone, with a focus on renewable energy projects. Sheikh Ahmed Musallam Al Kithiri, Governor of Al Wusta, mentioned that the governorate hosts 5 out of 8 national projects in Oman, with a total investment value of $49 billion in green hydrogen projects, solar energy, wind energy, and related areas. The event, organized by the Oman Chamber of Commerce and Industry in partnership with government entities, aimed to showcase investment opportunities in the blue economy, food security, logistics, tourism, and renewable energy sectors. Sessions led by international experts discussed strategies for investment, technology advancements, and global experiences that enhance the blue economy. The forum also featured discussions on the significance of the blue economy in driving growth and development in Oman, attracting entrepreneurs and investors to explore potential partnerships. Notable figures like Sheikh Khalifa Ali Al Harthy emphasized Oman's strengths in the blue economy and its efforts to strengthen international partnerships. Future initiatives like hosting the 8th Indian Ocean Conference in 2025 further demonstrate Oman's commitment to sustainable development and global cooperation. The event served as a platform for stakeholders to exchange ideas, explore opportunities, and contribute to the growth of the blue economy in Oman.
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