Vale Explores Investment Opportunities in SEZAD: What This Means for Investors and Businesses in Oman
A delegation from Vale International’s Board of Directors recently visited the Special Economic Zone at Duqm (SEZAD) to assess the investment opportunities, infrastructure, and ongoing developments within the zone.
Vale intends to establish an integrated green iron industrial complex in SEZAD, comprising three specialized plants for ore concentration, green briquetting, and direct reduced iron production.
During their visit, the delegation toured key projects in the zone, including Duqm Port. They received detailed briefings on the port’s capabilities, services available to investors in the commercial, industrial, and logistics sectors, as well as its operational performance. The port’s anticipated pivotal role in supporting the growth of green industries in the coming years was also highlighted.
Several visual presentations were provided, showcasing the investment opportunities, active projects, and the incentives and facilities available to investors within SEZAD. The presentations also emphasized the zone’s competitive advantages and operational strengths.
Engineer Ahmed bin Ali Akaak, CEO of SEZAD, noted the zone’s success in diversifying its investments across multiple sectors such as green industries, renewable energy, petrochemical projects, medium and light industries, commercial ventures, tourism, and logistics over recent years.
In discussions with the Vale delegation, Engineer Akaak outlined SEZAD’s Strategic Plan for 2025–2030. The plan aims to position Duqm as the leading strategic hub for renewable energy and sustainable industries, generate plentiful business opportunities, promote tourism, and enhance the quality of life to make Duqm an attractive destination for living, working, and investing—catering to local and international investors, residents, and visitors.
He further explained that the strategy seeks to increase the zone’s capacity and investor appeal while maximizing the value and growth potential of both local and international corporate investments within SEZAD.
Daniel Andre Stieler, Chairman of Vale, expressed his pleasure in visiting SEZAD and learning about its ongoing projects. He praised the vast growth opportunities available in the zone, as well as the scale of investments and the comprehensive facilities and services offered to investors.
Gustavo Pimenta, CEO of Vale, emphasized that the visit aimed to explore investment opportunities and support the company’s future plans in Oman, particularly within SEZAD.
The Vale delegation included several board members, executive managers, and officials from Vale’s offices across Oman and the GCC region.
Special Analysis by Omanet | Navigate Oman’s Market
Vale’s plan to establish a green iron industrial complex in Duqm’s Special Economic Zone (SEZAD) signals a strategic pivot towards sustainable and renewable industries in Oman. This development presents significant opportunities for businesses to align with green technologies and capitalize on SEZAD’s evolving infrastructure and investment incentives. Smart investors and entrepreneurs should prioritize ventures that leverage the zone’s focus on sustainability and its role as a regional industrial and logistics hub to maximize growth potential.
