Oman doubles funding for the Duqm Port and Dry Dock project
The Omani government has reportedly almost doubled funding for the Duqm Port and Dry Dock project to allow for the development of a world-scale maritime gateway on the sultanate's southeastern coast.
Local press reports says the initial investment in developing the marine infrastructure for the giant port and ship repair yard complex has gone up from 368.9 million Omani riyals to 700 million riyals.
The additional allocation will go towards expanding the overall capacity and size of the port to make it suitable for supertankers and mega-sized chemical carriers.
An international consortium of contractors is currently developing the marine infrastructure for the port project, covering the dredging and reclamation components, as well as construction of breakwaters and quay walls.
However, said Gulf news, with the latest allocations, the scope of their contract has been further enlarged to enable the creation of a deepwater port that can accommodate a major shipbuilding yard in the future.
The enlarged port will now feature extended breakwaters, deepwater berths of -18 metres, a considerably lengthened quay wall to accommodate chemical and liquids carriers, and a deepened access channel.
Local press reports says the initial investment in developing the marine infrastructure for the giant port and ship repair yard complex has gone up from 368.9 million Omani riyals to 700 million riyals.
The additional allocation will go towards expanding the overall capacity and size of the port to make it suitable for supertankers and mega-sized chemical carriers.
An international consortium of contractors is currently developing the marine infrastructure for the port project, covering the dredging and reclamation components, as well as construction of breakwaters and quay walls.
However, said Gulf news, with the latest allocations, the scope of their contract has been further enlarged to enable the creation of a deepwater port that can accommodate a major shipbuilding yard in the future.
The enlarged port will now feature extended breakwaters, deepwater berths of -18 metres, a considerably lengthened quay wall to accommodate chemical and liquids carriers, and a deepened access channel.