SEZAD to construct smart office facility in Duqmby Jochebed Menon on Nov 13, 2016
The Special Economic Zone Authority of Duqm (SEZAD) and Duqm Smart Business Company have signed a Usufruct agreement.
Both the parties have agreed to develop a smart office facility constructed from shipping containers refurbished at the Special Economic Zone in Duqm (SEZD).
The agreement was inked for SEZAD by chairman of the board, Yahya bin Said al-Jabri and for Duqm Smart Business LLC by Maurizio Monte, founding director, according to the Oman News Agency.
Pursuant to the agreement, Duqm Smart Business LLC will develop the project on the land allocated by SEZAD.
Phase 1 of the project will provide 12 smart offices for shared usage by SMEs companies and start-ups in Duqm.
The first phase of the project has already started and is projected for completion by the end of the year.
The new smart office facility provides start-ups and small companies with a launch pad before moving to larger facilities in other parts of the economic zone.
Al-Jabri hailed the abundance of investment opportunities and benefits available at SEZD, and the pioneering example of Duqm Smart Business Company in facilitating business start-ups and enhancing the business product of the zone.
Maurizio Monte said: "Architects and designers from all over the world are embracing the innovative use of these containers. This is an ideal solution for our project in Duqm.
"The Duqm smart office will be constructed using refurbished freight containers and recycled materials whenever possible.
“We will also adopt a ‘local purchasing’ philosophy to procure our needs from the local suppliers in Duqm."