Duqm Port Cargo Surges 152% in 2024: Implications for Business Growth and Investment Opportunities in Oman
Port of Duqm Sees Significant Growth in 2024, Set to Highlight Achievements at DEF 2025
The Port of Duqm marked a remarkable milestone in 2024, achieving a 152% increase in cargo handling and welcoming over 1,000 vessels. This outstanding performance underscores the port’s expansion, reliability, and the confidence it instills among global investors. These successes will be prominently showcased at the Duqm Economic Forum (DEF) 2025, according to Reggy Vermeulen, CEO of Port of Duqm.
In anticipation of DEF 2025, scheduled for October 27-28, 2025, in Duqm, Vermeulen emphasized the port’s strategic importance as a crucial gateway to international markets. He pointed out that more than 80% of global goods are transported by sea, highlighting that efficient maritime access is essential for attracting investment and integrating Oman into global supply chains. “The efficiency of the port is really crucial, and in this case, that is what Port of Duqm represents,” he remarked.
Vermeulen also spoke of Duqm as a “fantastic investment opportunity,” showcasing its adaptability and potential compared to other economic hubs in Oman. As the newest among the country’s three main economic centers, Duqm serves as a platform for a variety of ventures and future expansion.
Situated at the core of Oman’s economic diversification strategy, the Port of Duqm is not only enhancing the logistics sector but is also evolving into a vibrant hub for industry, trade, and cross-border investment collaborations.
The upcoming two-day Duqm Economic Forum, organized by the Public Authority for Special Economic Zones and Free Zones (OPAZ), aims to further establish Duqm’s position as a leading driver of economic growth and a global destination for high-value investments, Vermeulen noted.
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The record growth at Port of Duqm signals a pivotal opportunity for businesses in Oman, particularly in sectors reliant on maritime logistics and global trade. This heightened efficiency and capacity enhances Oman’s attractiveness as a strategic investment hub, opening avenues for diverse ventures and partnerships. Smart investors should focus on leveraging this momentum to align with the growing economic diversification strategy, ensuring they capitalize on emerging market trends in Duqm.
