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Panel IV: Industrial Development. 13 April 2008. Industrial Estates Rusail Sohar Raysut. Projects Aluminum Smelter Refinery Downstream projects. Industrial Development in Oman. Vision 2020 aims towards raising the Industrial sector’s contribution to GDP to 15%
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Panel IV: Industrial Development 13 April 2008
Industrial Estates • Rusail • Sohar • Raysut • Projects • Aluminum Smelter • Refinery • Downstream projects 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 • The government is now focusing on developing Special Economic Zones which can support industrial clusters within
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 KHASAB SOHAR MUSCAT BATINAH AL-DHAHIRA SUR AL-DAKHLIYA AL-SHARKIYA AL-WUSTA DUQUM DHOFAR SALALAH Special Economic Zones
Industrial Clusters in Oman Metals Petrochemical Rolling Methanol Polypropylene Smelter Refinery PET / PETA Ammonia Cables Fabrication PVC Supported by Logistics Companies • Economic Boost • Jobs & skills creation • Economic Diversification • Encourage FDI