Value Proposition & Investment Opportunities · 2019. 10. 15. · GAFTA, and US FTA. 7 Competitive...
Transcript of Value Proposition & Investment Opportunities · 2019. 10. 15. · GAFTA, and US FTA. 7 Competitive...
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Value Proposition & Investment
Opportunities
2015
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Agenda
1. National Objectives
2. Comparative & Competitive Advantages
3. Economic Drivers
4. Incentives & Benefits
5. One Stop Shop Concept.
6. Business Opportunities
7. Q&A
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1. Economic diversification beyond hydrocarbon.
2. Increase GDP’s share from domestic investments and FDI.
3. Balancing regional development.
4. Creation of high-value jobs.
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Comparative Advantage
1. Politically stable and secure national context.
2. Strategic location on international maritime routes outside the Straits of Hormuz.
3. Proximity to the giant Asian markets and the oil-rich Gulf countries.
4. Availability of mineral resources: limestone, silica, basalt.
5. Rich natural and cultural resources, and
abundant fish stock.
6. Preferential access under GCC,
GAFTA, and US FTA.
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Comparative Advantage
1. Politically stable and secure national context.
2. Strategic location on international maritime routes outside the Straits of Hormuz.
3. Proximity to the giant Asian markets and the oil-rich Gulf countries.
4. Availability of mineral resources: limestone, silica, basalt.
5. Rich natural and cultural resources, and
abundant fish stock.
6. Preferential access under GCC,
GAFTA, and US FTA.
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Competitive Advantage
1. Lucrative tax exemptions and no FDI restrictions.
2. Access to land for long leasehold and at
affordable rates.
3. Transparent and proactive regulatory environment
4. Readily available infrastructure, multimodal
transportation network and utility services.
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1. A Special Economic Zone with a total area of 1745 sq. km and 70 km coastline.
2. A maritime transit hub and a logistics gateway to Oman and the Region facing the Indian Ocean.
3. An export manufacturing platform based on: petrochemicals, mineral processing and fisheries-based industry.
4. A tourism destination: eco, cultural and adventure tourism.
5. An incubator of renewable energy and clean technology industries.
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1. 100% foreign ownership
2. Exemption from corporate taxes (30 years)
3. No restrictions on currency exchange
4. No minimum capital requirement
5. Exemption from import & export duties
6. Full repatriation of capital and profit
7. Zero personal income tax
Pursuance to Royal Decrees Number 119/2011 and 79/2013
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The authority provides a single-point-of contact; a one-stop shop,
to all investor’s land & regulatory needs, including:
• Land usufruct rights
• Business registration
• Environmental approvals
• Planning and building permits
• Operational permit
• Facilitation to obtain work permit for expat workforce
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RESIDENTIAL
ZONE
(2290 Ha)
CIVIC DISTRICT
DISTRICT
FISHERY PORT
ZONE
INDUSTRIAL ZONE
(365 km sq)
SEA PORT
DRYDOCK
2 basins at 8 m depth
COASTAL DISTRICT
(24 km sq) LIGHT
INDUSTRIES
LOGISTICS
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Business Clusters
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Business Cluster
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Investment
887
$ Million
Industrial
49%
Residential/Comm
ercial 42%
Tourism 8%
others 1%
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Private-sector initiatives
Public-Private-Partnerships
Government procurement
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Industrial Manufacturing Warehousing & Logistics
Freight Forwarding
Port and dry dock support businesses Mineral Based
Manufacturing
Oil Refining
Mineral Extraction & Processing
Fishery & Aquaculture
Petrochemicals
Transportation: sea, air and land
Logistics Villages
Supporting Services
SMEs
Food & Beverge Manufacturing
Education & Training
Software & ICT
Commercial & Financial
Engineering & Construction
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Tourism & Real Estate
Hotels & Resorts
Residential & Labor Housing
Offices & Commercial
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1. Power Generation & Desalination
2. Renewable energy: wind and solar
3. Industrial & hazardous waste management
4. Education and Training
5. Air cargo facilities
6. New port facilities
7. New dry dock facilities
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16
5
13
21
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0 5 10 15 20 25 30 35
Completed Projects
Ongoing Projects
Projects under Evaluation and Awarding Process
Projects under Tendering Process
Projects under Scope of Works Preparation
Projects Planned for 2015 to 2020
Number of Projects
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THANK YOU
2015
www.duqm.gov.om