Transcript
2015Special Economic Zone At
Duqm
Introduction
• Economic diversification beyond hydrocarbon.
• Increase GDP’s share from domestic investments and FDI.
• Balancing regional development.
• Creation of high value jobs.
Royal Decree 85/2006
designating the development of Al-Duqm city in Al-Wusta
Region a public utility project
Royal Decree 119/2011
Establishing Al-Duqm Special Economic Zone Authority and
Issuing its Regulations
Location
Location
• Politically stable and secure national context.
• Strategic location on international maritime routes outside the Straits of
Hermuz.
• Proximity to the giant Asian markets and the oil-rich Gulf countries.
• Pristine beaches and abundant fish stock.
• Preferential access under GCC, GAFTA, and US FTA.
• Good weather all year
Size
70 km
• The largest free zone in the middle east and north Africa
• First mover advantage
Regulations & Tax
• Lucrative tax exemptions and no FDI restrictions.
• Transparent and proactive regulatory environment.
• 100% foreign ownership
• Exemption from Taxes (30 years)
• The Capital Of the Project can be fully owned by non Omanis
• No currency restrictions and trading
• No minimum capital requirement
• Exemption from import & export duties
• Zero corporate tax
• Zero personal income tax
One-Stop-Shop
• SEZAD offers a single point of contact.
• It provides investors with transparent, efficient and timely regulatory services in terms of:
• Tax exemption package
• Business registration
• Planning and construction permits
• Environmental approvals
• Business Licensing
• Facilitate the process for obtaining work permits for expat work force.
Master Plan
HEAVY INDUSTRIAL ZONE
MEDIUM INDUSTRY ZONE
LIGHT INDUSTRY ZONE
LOGISTICS
FISHERIES ZONE
TOURISM ZONE
CENTRAL BUSINESS
DISTRICT
RENEWABLE
ENERGY ZONE
RESIDENTIAL ZONE
Industrial Zone
HEAVY INDUSTRIAL ZONE
MEDIUM INDUSTRY ZONE
LIGHT INDUSTRY ZONE
Tourism & Real Estate
TOURISM ZONE • 24 km2 including 18 km of beaches
CENTRAL BUSINESS DISTRICT
RESIDENTIAL ZONE
Duqm Port & Dry Dock
• Port of Duqm• 50:50 joint venture between government of Oman
and the Consortium Antwerp Port
• Total port boundary 170 km2
• Land area accommodate: commercial quays,
liquid jetties and logistics.
• Dry dock• Capacity to handle and average of 200 ships per year
• Since Inauguration in April 2011 handled 300 ships
Transportation
• Roads
• International Airport• Commenced 23rd July 2014 (soft Opening)
• 4km Runway
• Capable to handle largest
Passenger and cargo aircrafts in the world
• Rail• The rail route is part of proposed Inter- GCCrailway running from Kuwait to Salalah
• Provide greater capacity for freight transport
• Reduce cost and road freight services
• Create faster transfer of goods servicesbetween countries in GCC
Investment Opportunities
• Private-sector Opportunities
• Public-Private-Partnerships
• Government Projects
Investment Opportunities
• Oil Refinery and Petrochemical complex
• Availability of mineral resources: limestone, silica, basalt and
marble
• Manufacturing: Glass, Cement, Paints & Coatings, Fertilizers,
Granite Fiber, Ceramic Tiles & Fixtures, Solvents, Detergents,
Adhesives and Polymers
Investment Opportunities
Supporting Services
SMEsEducation &
TrainingSoftware &
ICTCommercial &
Financial
Engineering & Construction
Private-sector Opportunities
• Power Generation & Desalination
• Renewable energy: wind and solar
• Waste management: residential and industrial
• Education and Training
• Health Care facilities
• Air cargo facilities
• Additional port facilities
• Additional new dry dock facilities
Public-Private Partnerships
2015Thank you
top related