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Duqm Drydock Plans to Expand Activities to Contribute to National Economy.

Duqm Drydock Plans to Expand Activities to Contribute to National

Economy

Duqm, July 29 (ONA) --- Eng. Said bin Hamoud al-Ma'awali, CEO

of Oman Drydock Company, said: "We are planning to increase the

number of drydock activities in Duqm, one of the best drydocks in the

region".

Eng. al-Ma'awali said in an interview published today in Duqm

Economic magazine by the Special Economic Zone Authority in Duqm

(SEZAD) for July 2018, "The plan of the company until 2040 includes

increasing the number of activities from about 3 activities to 11

activities, including: the construction and repair of offshore platforms

for oil production and the manufacture of steel structures used in the

oil fields, repairing warships and manufacturing specialised vessels,

such as large sea fishing vessels, towing boats, maintenance and

repair of large yachts and converting vessels from one use to another

and many other activities".

He explained that if the company is able to implement this plan,

the level of activity in the drydock will increase by about 10 times

compared to the current level of activity, which means the provision of

9000 direct jobs and 9000 other indirect jobs, as well as increasing the

level of economic activity of the drydock to about USD 500 million per

annum. He pointed out that the company does not wish to undertake

the implementation of these activities themselves, but in partnership

with the private sector.

The CEO of Oman Drydock Company further said that the

company's short-term plan until 2020 includes continuing to repair and

maintain ships of various types and sizes, start building of ships and oil

platforms, continue the Omanisation plan and provide technical

support to transport companies and companies related to the logistics

sector.

He added that the number of vessels repaired by the company

amounted to more than 580 vessels, affirming that the company's

ambition is to repair 200 ships annually by 2021.

--- Ends/MN/KH

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Publication:Oman News Agency
Date:Jul 29, 2018
Words:333
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