Recently, the signing hall of the Duqum Special Economic Zone Authority in Oman was packed with people. Representatives of companies from India, China, Germany, the Philippines, Egypt and other countries sat down one by one, with their pens on the agreement. A total investment of 2.9 billion Omani riyals, approximately 7.54 billion US dollars, was officially locked onto this Middle East coastline. A once quiet Lingang Special Zone has overnight become a new focus for global green energy and infrastructure investment.

Top 10 projects covering hydrogen power

In this signing, the second and third phases of the ACME Group's green hydrogen project in India ranked first with an investment of 4.2 billion US dollars. The project covers an area of 80 square kilometers and focuses on the production of green hydrogen and green ammonia. After the completion of the two phased projects, they can produce 71000 tons of green hydrogen and 400000 tons of green ammonia each year.

By adding one phase of the project, the total annual production of green ammonia will reach 900000 tons, becoming a highly influential green energy benchmark in the Middle East region. In addition, Al Sahil Power Company has partnered with Oman Electricity and Water Procurement Company to build a comprehensive power station project, with an investment of approximately 910 million US dollars, responsible for the design, construction, and operation of the park's generator units. The investment in the production project of negative electrode materials for power batteries is about 500 million US dollars, focusing on the research and development and production of core materials for electric vehicle batteries. The products can radiate to the entire Middle East market.

Simultaneous implementation of commercial and residential supporting facilities

In addition to industrial projects, mixed use commercial and cultural tourism projects are being promoted simultaneously. The first phase of the Dukummaisan Square residential project has been officially completed, equipped with 104 residential units and 130 diversified commercial shops, attracting investors from 22 countries to settle in, with a single investment of approximately 10 million Omani riyals.

The production base for chemical and ammonia products relies on the location and energy advantages of the special zone to build modern chemical production lines, produce ammonia products and various basic chemical raw materials, and serve the industrial development needs of the region. The implementation of these supporting projects provides comprehensive living security for employees in the park.

China's opportunities point to three major tracks

Chinese enterprises have long been deeply involved in the construction of the Dukum Special Zone, and the China Oman Dukum Industrial Park is a national key international production capacity cooperation demonstration zone and overseas economic and trade cooperation zone. Keywords: Middle East news and information, infrastructure projects, new energy

This multi country joint investment brings three major opportunities for domestic enterprises: in the field of engineering construction, multiple large-scale industrial plants, power stations, and commercial and residential community projects are being promoted simultaneously, which will release a large demand for construction, labor, and building materials procurement; In terms of the new energy industry chain, green hydrogen, green ammonia, and power battery materials have become core investment directions, suitable for new energy equipment manufacturers and technology service enterprises to expand overseas markets; In terms of cross-border trade and park supporting facilities, the completion of commercial and residential complexes, coupled with the entry of multiple investors, has led to a continuous increase in demand for supporting facilities such as daily necessities, commercial services, logistics and warehousing.Editor/Gao Xue