Duqm Development Company SAOC (DDC) was established in April 2010 as a Joint Venture between OMRAN and DSME Oman. Currently; the company is owned by Oman Tourism Development Company (OMRAN) and Oman Dry Dock Company SAOC (ODC) 50% each; after DSME’s sale of its shareholding to ODC.
DDC forms an integral part of Oman’s Government vision for the development of Duqm Special Economic Zone in order to balance its economic development across the Sultanate.
The objectives of the DDC are :
- To build distinguished residential communities and be a partner of choice by undertaking distinctive Projects that adds value to people’s lives.
- To maximize shareholder’s wealth by sustained revenue growth and productivity.
- To manage the assets in the most effective and efficient manner.
DDC’s high-quality projects are developed at prime location in Duqm and reflect the needs of residents. Our projects will improve the quality of life in Duqm, and we do this in a social, economic, environmental and friendly manner, following our philosophy of sustainable urbanization.