A usufruct agreement will be signed to establish a major industrial city in Duqm, which is expected to attract as much as USD10bn of investments by 2022. The agreement for the China-Oman Industrial City in Duqm will be signed by the Special Economic Zone Authority at Duqm with Chinese agencies on Monday in Muscat. Wang Yong, State Councillor of China will begin a two-day visit to the Sultanate on Sunday. (Times of Oman)
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