Tuesday, 6 Jun 2023
Duqm Refinery launches its In-Country Value Programme Opportunities Forum in Duqm

Duqm Refinery launches its In-Country Value Programme Opportunities Forum in Duqm

The launch of the programme coincides with the commencement of building perform of the refinery which is anticipated to grow to be operational by finish of 2022. The Duqm Refinery ICV programme aims at maximising the financial advantages for the neighborhood neighborhood and organizations in the course of the building phase. The programme also aims at escalating the quantity of its beneficiaries and boosting the financial and social improvement in Al Wusta and the complete nation. Moreover, the programme targets neighborhood little and medium sized enterprises although advertising neighborhood provide chain. The programme will offer possibilities for coaching, improvement and employment of Omani youth in a quantity of technical specialisations required in the project.

Jacobus Nieuwenhuijze, project director, Duqm Refinery, mentioned, “We are glad to announce the promising opportunities this project will offer to the governorate and the whole country. During construction, the project will contribute in creating training and development opportunities that will make a positive economic and social impact in the sultanate.”

Nieuwenhuijze added, “The programme will also contribute in spreading social welfare through embracing technical graduates from higher education institutions. Taking part in the development of Special Economic Zone of Duqm is an important objectives of our campaign as well.”

Eng Yousuf bin Mohammed al Jahdami, deputy project director, mentioned, “Following the wise directives of His Majesty Sultan Qaboos bin Said, aims of concentrating efforts to develop local small and medium sized enterprises, for their positive impact in creating job opportunities for youth and for their contribution in the local economy. Today, we are proud to launch our In-Country Value Programme which will create business opportunities for local SMEs through the services and goods required for the project.”

Jahdhami added, “Duqm Refinery construction project includes three EPC phases that will be executed at the same time. Each EPC contains a number of opportunities for SMEs, local community contractors and suppliers. To achieve our goals, we have dedicated ten per cent of the total project value in each EPC for local SMEs, while 20 per cent of the same value is dedicated for local sourcing of goods and services. Also, we have agreed with our contractors to implement ten per cent of Omanisation at all occupational levels in their companies.”

Nas-ha bint Mohammed al Falahia, GM, Corporate Affairs, mentioned, “It is our pleasure to announce the launch of Duqm Refinery ICV as an addition to the efforts made to achieve sustainable development in the Special Economic Zone of Duqm. SEZAD is entrusted to become one of the main arteries for the national economy and a hub for petrochemical and transformational industries in the region in the near future. It also represents the cooperation between public and private sectors to attract investments.”

Information Source: Muscat Daily

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