Investcorp Aberdeen Infrastructure Partners, in collaboration with the Port of Duqm Company, DEME Group, and Port of Antwerp, will lead a $550 million project to expand Duqm Port in Oman. The expansion will involve marine infrastructure works, dredging, and the construction of a new quay wall to enhance the existing port's facilities. The project aims to create an industrial zone within the Duqm Special Economic Zone that will utilize solar and wind power to produce green hydrogen fuel. This fuel will be used for the production of low-carbon iron briquettes and base metal products. Dr. Firas Al Abduwani from the Omani Ministry of Energy and Minerals has been actively promoting the use of Oman's renewable energy for low-carbon iron production in Duqm, emphasizing the importance of retaining labor-intensive work in Europe for finished iron and steel goods. Additionally, the Hydrom parastatal has allocated contracts worth $30 billion to five consortia to develop solar and wind power projects for green hydrogen production. These projects involve partnerships with global energy giants like Shell and BP, signaling a significant commitment to green energy initiatives in the region. Investcorp Aberdeen's involvement in this project showcases their dedication to large-scale infrastructure investments in the GCC region, further propelling sustainable development and economic growth.