Sultanate of Oman
| Loan No: | 662 | Interest Rate: | 2.5 % |
| Beneficiary: | Special Economic Zone Authority Duqm | Grace Period: | 5 years |
| Project Cost: | KD 115.0 million | Maturity: | 30 years |
| Amount of Loan: | KD 30.0 million | Repayment: | 51 semi-annual installments |
| Date of Board Approval: | 2019-10-09 | First Installment: | 5 years following the first disbursement |
| Date of Loan Agreement: | 2019-07-16 | Date of Loan Effectiveness: | - |
Objectives:
The project aims at contributing to the improvement and development of land transportation services in the economic zone, and accommodating the increasing traffic on the road which will connect the main components of the development projects within the zone, most notably the commercial port, the refinery, Duqm airport, and the areas allocated for heavy, medium and light manufacturing, in addition to being part of national road 32, which links north Ash-Sharqiyah governorate with Al Wusta governorate. The project will contribute to the improvement of the movement of goods between the investment projects in the economic zone and other parts of the Sultanate, and connect these projects to the highway network to reach the main cities of the country.
Description:
The project, which is expected to be completed by the end of 2022, includes the development of the part of road 32 which lies within the economic zone of Duqm. The construction of the road, which has a total length of about 30 km, is divided into two parts:
- Part One:This consists of the construction of the southern part of the road, which has a length of about 16.2 km, and three-lane dual carriageways, with a total width of about 11.25 m each way, in addition to two-lane service roads on each side of the main road, with a total length of about 23 km and a width of about 7.3 m. This part also consists of the construction of several concrete bridges over Wadi Dungart, Wadi Say and Wadi Al Jarf.
- Part Two:This consists of the construction of the northern part of the road, which has a length of about 13.8 km, extending from the end of part one of the road to the northern border of the economic zone, to connect to the Sinaw – Muhut – Duqm road project. This road consists of two-lane dual carriageways, with a total width of about 7.5 m each way, in addition to two-lane service roads on each side of the main road with a total length of about 14 km and a width of about 7.3 m. This part of the road does not include any concrete bridges. The design of this part has the contingency of adding a third lane to accommodate future needs. This part includes the construction of surface dividers to regulate traffic, water drainage facilities, and the installation of energy conserving lighting. It also includes the protection and relocation of existing service lines, and a location to weigh vehicles on the road.
The project consists of the following components:
- Civil Works:This consists of all the necessary works to construct the road, which include preparatory works, removal of the existing road, earthworks, asphalt paving, structural work and ground services, in addition to the complementary works necessary for the road, such as road embankment, water drainage facilities, road lighting, traffic guidance signals and landscaping.
- Consultancy Services:This includes the consultancy services necessary for the preparation of studies, specifications, designs, detailed plans and bid documents, assistance in bid analysis and works supervision.
Financing:
The two Arab Fund loans, the first No. 646/2017 and the supplementary, cover about 74% of the total project cost. The Omani Government will cover the remaining cost of the project and any additional cost that may arise.