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Duqm Power Plant $385 Million EPC Deal: What It Means for Investment and Energy Growth in Oman

June 17, 2026·omanet.omEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Oman's power generation infrastructure remains a focal point for capital deployment and industrial development, with Engineering, Procurement, and Construction (EPC) contracts serving as key indicators of broader energy sector expansion and foreign direct investment flows in the sultanate. Large-scale power projects historically correlate with increased demand for engineering services, steel, and cement inputs—sectors with meaningful cross-border supply chains across the GCC—and reflect government efforts to diversify energy capacity and support industrial zones such as the Duqm Special Economic Zone. Such contracts also signal momentum in Oman's utility and construction sectors, which have broader implications for regional employment, logistics hubs, and the competitiveness of domestic an

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