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Oman Dry-Dock Company Sees Opportunities in Development of Private-Drive

Oman Dry-Dock Company Sees Opportunities in Development of Private-Drive
Oman Dry-Dock Company (ODC) sees significant opportunities for the development of private-driven business clusters to serve its newly launched ship repair facility at Duqm on the Wusta coast. According to Shaikh Khalil bin Ahmed al Salmi, Deputy CEO, pros


The official underlined the need for ancillary capacity to be suitably developed not only to enhance the competitive appeal of the Duqm yard, but also to capitalise on the plethora of investment opportunities inevitably linked to its operation.

While ODC will focus on its core areas of expertise in the dry-docking, maintenance and repair of ships, it sees immense opportunities for a range of technical support and other general services to be outsourced to private contractors and service providers.

Among the many areas listed by the company as attractive for private sector investment around the Duqm yard are fabrication services. Given ODC’s ambitions to expand into the fabrication of steel structures for offshore and onshore projects, opportunities are aplenty for investment in a variety of fabrication workshop and support services. Equally prospective are facilities specialising in the fabrication and installation of package modules for plants.

Other services that hold significant investment potential relate to in-situ machining and reconditioning of ship equipment and parts, galvanising and treatment of pipes and outfitting services, and laboratories equipped for the testing and calibration of tools, gauges and other measuring devices, he said.

Citing the success of regional shipyards in stimulating the growth of clusters around their respective facilities, Al Salmi urged the private sector to consider investing in ancillary clusters that will support ODC’s operations at Duqm.

In this regard, he envisioned opportunities for the establishment of workshops specialising in the maintenance and repairs of marine equipment, warehouses for material supplies, storage areas for marine parts, and so on. Investments in accommodation, catering and leisure facilities for contractor staff are also potentially promising, he noted.

Given the scale of the Duqm yard and its diverse portfolio of services, ODC also sees substantial potential for investments in transportation and logistics services, as well as the operation of small ship-repair facilities.

Besides, there will be significant demand for vocational training services catering to Omanis looking to work at the yard, as well as the many clusters that will mushroom in the vicinity of the complex, the official stressed.



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