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Oman: Duqm Port Commercial Terminal and Operational Zone Development Project
Project Description:
The objective of the Project is to achieve the potential economic benefits from Duqm port development through improved transport efficiency, strengthened logistics, facilitated mineral exports, and reduced supply chain delivery time and costs for the wide spectrum of industries in the new Duqm Special Economic Zone.
The Project will mainly include the civil works for the construction of port related infrastructure including port access roads, cargo storage, Terminal buildings, and Operational Zone’s facilities buildings. The Project is estimated to be implemented over a period of 3.5 years from January 2017 to June 2020.
Special Economic Zone Authority Duqm (SEZAD) will execute the Project. In this connection, SEZAD has already recruited a team of international specialists assisted by national experts in all the required disciplines including project management, technical, financial, procurement, and contract management. The Ministry of Transport and Communications will be responsible for overall coordination with all other ministries and oversight during the project implementation.

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank (MDB) conceived for the 21st century for promoting infrastructure development in Asia. Through a participatory process, its founding members (Brazil, Russia, India, China and South Africa) are developing its core philosophy, principles, policies, value system and operating platform. The Bank's foundation is built on the lessons of experience of existing MDBs and the private sector.
AIIB is offering sovereign-backed and non-sovereign-backed financing (i.e. loans, guarantees, and equity investment). It does not have a concessional financing window, nor does it provide grants. AIIB does not provide financing to individuals.
Focuses on improving the efficient movement, storage, and management of goods and services across supply chains and trade networks.
Encompasses initiatives that improve how organizations plan, source, and manage the purchase of goods and services to ensure value for money, compliance, and supplier performance.