Royal Decree 28/2015 Promulgating the Law Granting the Concession for the Development, Management and Operation of the Port of Duqm and Approving the Agreements Relating to It

Arabic 

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Commercial Companies Law 4/74,

the Maritime Law promulgated by Royal Decree 35/81,

the Foreign Capital Investment Law promulgated by Royal Decree 102/94,

and Royal Decree 119/2011 Establishing the Special Economic Zone Authority at Duqm and Promulgating Its System,

and in pursuance of public interest,

have decreed as follows

Article I

Without prejudice to the provisions of the aforementioned Maritime Law, the attached Law Granting the Concession for the Development, Management, and Operation of the Port of Duqm shall apply.

Article II

The concession and usufruct agreements of the Port of Duqm and the shareholders agreement stipulated in the attached law are hereby approved.

Article III

The Chairman of the Board of Directors of the Special Economic Zone Authority at Duqm shall issue the necessary regulations and decisions for implementing the provisions of the attached law.

Article IV

This decree shall be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 21 Ramadan 1436
Corresponding to: 8 July 2015

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 1106 issued on 12 July 2015.