special economic zone at duqm 2015
TRANSCRIPT
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2015Special Economic Zone At
Duqm
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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
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Location
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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
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Size
70 km
• The largest free zone in the middle east and north Africa
• First mover advantage
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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
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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.
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Master Plan
HEAVY INDUSTRIAL ZONE
MEDIUM INDUSTRY ZONE
LIGHT INDUSTRY ZONE
LOGISTICS
FISHERIES ZONE
TOURISM ZONE
CENTRAL BUSINESS
DISTRICT
RENEWABLE
ENERGY ZONE
RESIDENTIAL ZONE
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Industrial Zone
HEAVY INDUSTRIAL ZONE
MEDIUM INDUSTRY ZONE
LIGHT INDUSTRY ZONE
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Tourism & Real Estate
TOURISM ZONE • 24 km2 including 18 km of beaches
CENTRAL BUSINESS DISTRICT
RESIDENTIAL ZONE
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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
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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
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Investment Opportunities
• Private-sector Opportunities
• Public-Private-Partnerships
• Government Projects
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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
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Investment Opportunities
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Supporting Services
SMEsEducation &
TrainingSoftware &
ICTCommercial &
Financial
Engineering & Construction
Private-sector Opportunities
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• 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
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2015Thank you