Investcorp Invests in Oman's Duqm Port Expansion
Deal News | May 19, 2025 | Investcorp
Investcorp, a leading alternative investment firm, has announced a strategic investment in the expansion of the Port of Duqm in Oman, a $550 million infrastructure project. Through its platform, Investcorp Aberdeen Infrastructure Partners (AIIP), a joint venture with Aberdeen plc, will join the consortium CAP INFRA alongside the Port of Duqm Company, the DEME Group, and Port of Antwerp Bruges to enhance port facilities. This investment aligns with AIIP's focus on long-term regional concessions across the MENA region. The project will include the development of marine infrastructure, notably a new quay wall supporting a low-carbon industrial plant within Duqm's Special Economic Zone aimed at producing green steel. This aligns with Oman’s Vision 2040 for sustainable development. AIIP secured this investment amidst strong competition, underscoring the strategic importance of the port and its role in global trade. Key figures in the investment highlight the importance of this deal in advancing Oman's infrastructure and contributing to carbon neutrality goals.
Sectors
- Infrastructure
- Maritime & Shipping
- Renewable Energy & Sustainability
Geography
- Oman – The investment is taking place in the Port of Duqm, which is strategically located in Oman.
- GCC & MENA – The investment aligns with AIIP’s strategy of investing in infrastructure in the broader MENA region.
Industry
- Infrastructure – This article discusses significant investment in infrastructure development at the Port of Duqm in Oman.
- Maritime & Shipping – The focus is on expanding port facilities at a crucial shipping and logistics hub.
- Renewable Energy & Sustainability – The development includes plans for a low-carbon industrial plant and aligns with sustainability goals.
Financials
- $550 million – The total investment amount for the expansion of the Port of Duqm.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investcorp | Investor | Company | A leading global alternative investment firm involved in the port expansion project. |
| Investcorp Aberdeen Infrastructure Partners (AIIP) | Shareholder | Joint Venture | A venture between Investcorp and Aberdeen plc, involved in the project. |
| Port of Duqm Company | Target Company | Company | A key partner in the expansion of its own infrastructure. |
| DEME Group | Consortium Partner | Company | Part of the consortium named CAP INFRA for the port project. |
| Port of Antwerp Bruges | Consortium Partner | Company | An international partner in the consortium CAP INFRA. |
| CAP INFRA | Consortium | Consortium | A consortium formed to execute the port expansion project. |