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SPECIAL ECONOMIC ZONE at Duqm

Rationale, vision and national objectivesInvestment opportunitiesIncentives. 2. CONTENTS . A strategic locationProximity to Asian markets and to energy fieldsAvailability of raw materials: limestone, silica, basalt, etc.Abundant fish resourcesLand availability {1,680 sq km}. 3. Wh

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SPECIAL ECONOMIC ZONE at Duqm

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    1. SPECIAL ECONOMIC ZONE at Duqm Vision & Investment Opportunities May 24, 2011 1

    2. Rationale, vision and national objectives Investment opportunities Incentives 2 CONTENTS

    3. A strategic location Proximity to Asian markets and to energy fields Availability of raw materials: limestone, silica, basalt, etc. Abundant fish resources Land availability {1,680 sq km} 3 Why Duqm?

    4. Balanced regional development Job creation Economic growth Economic diversification Promotion of tourism Widening non-pecuniary benefits of FDI 4 National Objectives

    5. Duqm is a modern city recognized as the best location in the Middle East to do business in and one of the best to live in. 5 THE VISION What about Wusta region and job creation?What about Wusta region and job creation?

    6. Strategic dimensions: social and economic Integrated approach to development Multimodal transport system Production linkages to the Wusta region Duqm is a duty-free zone An industrial estate zone A more liberal regulatory system Emphasis on clean environ. & Omani values 6 Duqm as a Special Economic Zone

    7. Duqm Steering Committee Government ministries & Agencies Duqm Authority Investors support services Engineering/Planning & Environmental Marketing and promotion Regulatory affairs 7 Organizational Structure

    8. 2. Investment Opportunities 8

    9. Private sector involvement is important There are three major forms of participation: Type A: Government procurements (GP) Type B: Private Public Partnerships (PPP) Type C: Private Business opportunities (PBO) Risk & return magnitudes distinguish one from the other 9 Forms of Private Sector Participation

    11. Port superstructure Port expansion Road network Water distribution network Electric distribution network Sewage network to STP Airport Phase 3 Expansion of desalination plant New power plant 11 A. Government Procurement I (GP)

    12. Public parks Rock garden (MOT) Landscaping Inter and intra bus stations Consulting services Project management Fisheries port & other facilities Government buildings Environmental lab 12 GP cont.

    13. Power generation plant Solid waste collection Landfill (hazmats and non-hazmats) construction and management Industrial liquid treatment plant Wind and solar power facilities Management of the industrial area Airport operator Management of the industrial estate zone 13 B. PPP

    14. C. Private Business Opportunities 14

    15. Commercial centers Land development for mixed use Low cost workers housing Hotels & tourist resorts Entertainment venues for different ages Various warehousing facilities: open, covered, cold, frozen, etc. Professional workshops Medical clinics Private education 15 PBO cont.

    16. 100% foreign ownership Free repatriation of profits & capital No currency restrictions No minimum capital requirement Exemption from import & export duties Zero personal income tax 16 3. Incentives & Benefits

    17. Pre-built offices, warehouses & light industry A true one-stop shop window Quality customer service to meet international standards Company registration in < than one week Sales to domestic & GCC markets duty free 17 Incentives: cont.

    18. Simplified and flexible customs procedures Long term land lease (up to 25 years) at competitive prices Access to first rate infrastructure Online portal to provide 24/7 access to Duqms services 18 Incentives: cont.

    19. Contacts to be with Duqm Steering Committee (DSC) For GP: check Tender Board website For PPP & PBO: contact DSC with the following info: Describe project, capacity & business plan Planned capital investment Labor employment: Omanis and expats Startup date of construction & expected completion date Land requirement & blue prints Any other requirements Land allotment awaits Master Land Use Plan 19 How to contact us?

    20. 20 Thank you

    21. 21 Duqm Vis-a-vis Locational Decisions Add %Before textAdd %Before text

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