The Special Economic Zone at Duqm

Prospects and Accomplishments

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Outline

1. National Objectives

2. Comparative & Competitive Advantages

3. Vision & Mission

4. Economic Drivers

5. Master Plan

6. Business Opportunities

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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.

الدقم

SALALAH

صور

مسقط

وسطاوروبا و الشرق األ

شرق افريقيا

EAST ASIA

خصب

شرق آسيا

صاللة

DUQM

MUSCAT

SUR

KHASAB

EUROPE & MIDDLE EAST

EAST AFRICA 4 4

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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, and Gas as feedstock.

5. Pristine beaches 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. Readily available infrastructure, multimodal transportation network and utility services.

4. Transparent and proactive regulatory environment.

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1. 100% foreign ownership

2. Free repatriation of profits & capital

3. No currency restrictions

4. No minimum capital requirement

5. Exemption from import & export duties

6. Zero corporate tax

7. Zero personal income tax

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Duqm is Oman’s logistics hub on the Arabian Sea, a safe haven for investments, a friendly business environment, a differentiated tourism destination that contributes to the national economy and diversifies it.

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1. A special economic zone with a total area of 1777 sq. km and 80 km coastline.

2. A maritime transit hub and a logistics gateway to the Region.

3. An export manufacturing complex based on: petrochemicals, minerals and fisheries

4. A tourism destination: eco, cultural and adventure tourism.

5. An incubator of renewable energy and clean technology industries.

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Private-sector initiatives

Public-Private-Partnerships

Government procurement

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

Opportunities are driven by a Growing GDP and a Boom in Construction Activities in the GCC; and include:

• Mining and Mineral Processing: Silica, Lime, Kaolin, Soda Ash, Fuller’s Earth, Gypsum, Salts, Granite, Marble.

• Oil Refinery Downstream Products: Olefins and Aromatics.

• Manufacturing: Glass, Cement, Paints & Coatings, Fertilizers, Granite Fiber, Ceramic Tiles & Fixtures, Solvents, Detergents, Adhesives and Polymers.

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1. Power Generation & Desalination

2. Renewable energy: wind and solar

3. Waste management: residential and industrial

4. Education and Training

5. Air cargo facilities

6. New port facilities

7. New dry dock facilities

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1. Marine Port: liquid berth

2. Airport: passenger and cargo terminals

3. Municipal solid waste landfill

4. Drainage: dams and canals

5. Fisheries Port

6. Urban development of Duqm New Town

7. New roads

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• A publicly owned company for the development of the zone.

• Manages and operates public assets in the zone. • Develops land, structures business opportunities,

markets and conducts commercial transactions.

• Provides opportunities for PPPs (JV, BOT, and BOO). • Leverages private-sector financing for infrastructure

projects.