9 Hrs
Source:
الوطن
Geneva Renewable Industry
At the Global Investment Conference in Geneva, the Public Authority for Special Economic Zones and Free Zones showcased opportunities to establish projects in renewable-energy equipment manufacturing, low-emissions steel, fisheries and food industries, and invited companies to explore partnerships in Oman. In Duqm, more than 242 square kilometres have been allocated for wind and solar projects. A wind-turbine factory is being developed with an investment of $200 million and a target capacity of 100 turbines a year, alongside a programme to train more than 300 Omani graduates. The Authority also presented the “Simak” complex, which has an annual production capacity of 100 million cans of tuna and sardines, as well as opportunities to use green hydrogen in steel and ammonia production.
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