Duqm was a small fishing settlement of the Janubah tribe on the coast of southern Oman,[1] when a party of soldiers of the Muscat and Oman Field Force and geologists of Petroleum Development Oman landed in February 1954 to begin the modern oil exploration of central Oman.[2][3]
Today it is an industrial oil town with a notable port. The town has been looking to increase tourism in the area with the Oman Tourism Development Company, and is now central to the state's development goals, with a 25-year plan formulated in 1995 to increase its population to 100,000 by 2020.[4] The port has undergone development and a shipbuilding facility to facilitate the port was built; development has been ongoing by the Jan De Nul Group, improving the breakwaters and quay walls.[5] In March 2005, Oman's Ministry of Transport and Communications awarded the Parsons Corporation a contract to study and design a new Duqm Jaaluni Airport in hopes of increasing tourism. Oman Air has begun services at the airport on July 23, 2014.[6] The planned Oman Railways project will also include a link to Duqm Port.[7] In 2008, Intercontinental Hotels announced they were to build a 213-room hotel, Crowne Plaza Duqm.[8] A coal-fired power plant has also been approved in Duqm with the aim of reducing dependency on natural gas, and Oman has formed a $2 billion deal with South Korea to facilitate it.[9][10] Duqm's port and industrial zone has also received heavy Chinese investment.[11]
According to The Economist in 2013, "If Duqm took off, sleepy Oman might—say the planners—challenge nearby Dubai’s dominance as the region’s trading hub" with a geographically favourable location that links to Asia, Europe and Arabia, that also avoids the tensions of the nearby Persian Gulf.[12]
Since 2018, SEZAD has signed deal with Duqm refinery for leasing of 900Ha land, with capacity of refining 230,000 barrels of crude oil per day. Duqm refinery company is a 50:50 joint venture between Oman and Kuwait
OTTCO, Located at south of Duqm city, In area known as Raz Markaz. The company aims to complete crude oil park in 2021, with 25 million barrels of crude oil storage capacity.
Special Economic Zone Authority at Duqm
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