Panel IV: Industrial Development

13 April 2008

Petrochemical and Basic IndustriesPage 2

Industrial Development in Oman

► Vision 2020 aims towards raising the Industrial sector’s contribution to GDP to 15%

► In 2006, the Industrial sector contributed to 10% of GDP

► Initiatives to stimulate the sector► Industrial Estates

Rusail Sohar Raysut

► Projects Aluminum Smelter Refinery Downstream projects

► The government is now focusing on developing Special Economic Zones which can support industrial clusters within

Petrochemical and Basic IndustriesPage 3

Special Economic Zones

► Special Economic Zones in Oman► Current

► Salalah Free Zone► Al Mazunah Free Zone

► Proposed► Sohar Special Economic Zone► Khasab Free Zone► Duqum Free Zone

► Main Benefits► Export and re-export development► Industrial upgrading & Technology Transfer► Employment generation► Foreign exchange earning

MUSCAT

SUR

AL

-DH

AH

IRA

AL

-DA

KH

LIY

A

AL

-SH

AR

KIY

A

BATINAH

DHOFAR

AL-WUSTA

KHASAB

SALALAH

DUQUM

SOHAR

Petrochemical and Basic IndustriesPage 4

Industrial Clusters in Oman

Economic Boost

Jobs & skills creation

Economic Diversification

Encourage FDI

Petrochemical Metals

RefinerySmelterPET / PETA

Polypropylene

Ammonia

Methanol

PVC

Fabrication

Rolling

Cables

Supported by Logistics Companies