The Special Economic Zone at Duqm (SEZAD) in Oman has experienced a significant surge in investment, with a total committed investment of RO6bn by June 2024, reflecting a robust 55% year-on-year growth. The growth has been supported by the commencement of operations at the Duqm Refinery and the initiation of various major economic projects within SEZAD. Eng Ahmed bin Ali Akaak, CEO of SEZAD, highlighted the signing of new investment agreements in different economic sectors, with a focus on green industries. Projects like the Vulcan Green Steel Plant, Hyport Duqm Project, Green Hydrogen Company Project, and ventures by Japanese companies are at advanced stages, emphasizing Duqm's leadership in sustainable industries. These investments align with Oman's goal of achieving net-zero emissions by 2050. SEZAD is attracting interest from local and international companies, with ongoing efforts to evaluate investment requests. The collaboration with the Public Authority for Special Economic Zones and Free Zones (OPAZ) aims to enhance services for investors and develop municipal services within SEZAD's master plan. The zone includes investment zones in commerce, industry, tourism, logistics, real estate, and renewable energy. The first half of the year witnessed the inauguration of key projects like the Duqm Refinery and the multi-purpose fishing port, demonstrating Duqm's emergence as an important energy hub. Akaak highlighted ongoing projects and praised the support from OPAZ in driving business development and investment attraction.