The Public Authority
for Investment Promotion & Exports Development
(PAIPED)
Economic
Environment
&
Economic Environment
Investment
Opportunities
& Investment Opportunities
in
Oman
in Oman
Oman Overview
How we support investor
Priority Sectors
Why Oman
Economic Climate
FreeZones & Ports
Area
309,500 Km2
Capital City
Muscat
Population
3.3 Mn (2011)
Coastline
3,165 Km
GDP
USD 73 bn (2011)
Currency
Omani Rial = USD 2.58
Natural Resources
oil, natural gas, copper, fish, agriculture, tourism
Major Trading
Partners
UK, Japan, UAE, South Korea, China, EU, Thailand
International
relationships
Oman has relations with over 140 countries and
is a member of over 105 regional and
international organizations ( UN, WTO, FTA, GCC,
GAFTA).
PAIPED is a government authority established in 1997
Aiming to facilitate investment in Oman and develop exports of products
and services of Omani origins from Oman to overseas market.
PAIPED works closely with all government agencies to ensure Omans
competitiveness as the best place to conduct business.
With its networks of representatives all over the world, PAIPED has the
network to assist any business established in Oman grow in the
international market
Creation of wealth
through
Investment Promotion
and Export Development
Individuals right to choose in Commercial Transactions.
Ability to Voluntary Exchange of Goods and Services.
Freedom to Compete.
Protection of personal, intellectual and property rights.
Ability to access to sound money.
Providing information on investment climate, laws, procedures and also project
specific information.
Organizing visit program and matchmaking meetings for foreign investors.
Assisting investors to obtain various government approvals.
Reviewing the project proposals prepared by the investors and advising them on the
appropriate entry strategy for setting up operations.
Assisting local investors to identify potential foreign partner and vice versa.
Supporting the existing companies to identify international partners.
ICT
Metals
Tourism
Plastics
Chemicals
&
Marine
Pharmaceuticals
Automotive
Services
Strategic
Location
Free Trade
and open
market
policy
Stable
economic
framework
Why
Oman?
Cooperation
Agreements
Educated
young
workforce
Comprehensive
legal
framework
Excellent
infrastructure
Competitive
Utility Rates
Tax
Exemption
for 5years.
One-StopShop
Incentives
Package
100%
Foreign
Ownership
ZERO
personal
income tax
Free
Repatriation
of Capital &
profits
Global Ranking
(World Economic Freedom Index 2012) Fraser
institute 144 countries
(Doing Business Index 2012)
World Bank Group 183 countries
(Global Competitiveness Index 2012/2013) World
Economic Forum 142 countries
20
47
32
WTO Membership.
AGCC Common Market Jan. 2008 (Market Potential of 29 Million).
Arab Free Trade Zone with effect from Year 2005 (18 Countries with a
Population of 300 million).
Free Trade Agreement with USA.
Free Trade Agreement between AGCC and Singapore.
73
Billion US $
Source: The National Center for Information & statistics Publications 2012
50 %
50%
Petroleum
activities
NonPetroleum
Services 33%
Gas
Industry- 32%
Oil
Agriculture &
Fishing 2%
Source: The National Center for Information & statistics Publications 2012
Foreign Direct Investment 2005 - 2010
18
16
Billion USD
14
12
10
8
6
4
2
0
2011 2010 2009 2008 2007 2006 2005
Source: foreign Investment Book, 6th issue 2012, National Center for Statistics & Information
Other
Electricity & Water
Hotels & Resturants
Constuction
Transport
Trade
Real estate
Finacial Intermediation
Manufacturing
Oil & Gas
0%
10%
20%
30%
40%
50%
60%
Source: foreign Investment Book, 6th issue 2012, National Center for Statistics & Information
UK
36 %
Other
15 %
USA
16 %
UAE
15 %
Netherlands
2%
Mauritius
2%
Bahrain
3%
Qatar
3%
Kuwait
4%
India
4%
Source: foreign Investment Book, 6th issue 2012, National Center for Statistics & Information
Oman Economic Vision
Development of Human Resources.
Creation of Stable macro economic framework.
Competitive private sector.
Economic diversification
Free
Zones
Industrial
Estates
Ports
Public Establishment for
Industrial Estates (PEIE)
Buraimi
Total Area: 73 Mn M2
Sohar
Muscat
KOM
Rusayl
Total Investment: USD 10
billion
Investors = 1200
Nizwa
Mazyouna
Raysout
Sur
Industrial Estates
Township
Facility
Management
Infrastructure
Investment
Opportunities
Knowledge
Advance
Technology
Logistics &
Warehouse
Green projects
Knowledge Oasis Muscat
Supporting tech-oriented businesses.
home to over 60 Intl & local firms like
Oracle, HP, Motorola, Microsoft, and
Huawei as well as dynamic hi-tech
start-ups.
Incentives:
100% foreign ownership
High speed Internet access
Highly competitive telco rates
No personal income tax .
Conference rooms
Duty-free access of products from Oman to
GCC countries
Sea of Oman
UAE
Sohar Port &
FreeZone
Saudi Arabia
Indian Ocean
Yemen
Sohar Port & Free Zone
Sohar Port
21 Km2
Railway
Station
Sohar FreeZone
45 km2
Airport
20 km2
Industrial
Estate
20 km2
Port of Sohar
A gateway to a regional consuming market
Maritime & Industrial
Education
3 Km
Logistics
Energy &
Water
Metals &
Minerals
Petrochemicals
Industry
8 km
Sohar FreeZone
Sohar FreeZone
Direct access to Logistics Cluster in
the port.
Investment in Infrastructure = USD
65 million
Expected industrial investments
this year = USD 65 million.
Logistics
200 ha
Manufacturing
50 ha
Downstream
industries 250 ha
Sohar FreeZone
R&D
Health care
Food Processing
Steel industries
Investment
Opportunities
Automotiverelated
Metals
Manufacturing
Downstream
petrochemicals
Logistics &
Packaging
Sea of Oman
UAE
Saudi Arabia
DUQM
Indian Ocean
Yemen
Sea of Oman
UAE
Saudi Arabia
Indian Ocean
Yemen
Salalah Port
& Free Zone
Salalah is at the center of a regional market
worth more than USD 600 B in East Africa,
the Indian Subcontinent and the Gulf
6 M TEUs container capacity, to be increased
to 15 M in the future.
Over 3,000 Commercial Vessel Calls per
annum- 24/7 operation throughout the year
Global ranking container terminal and highly
efficient general cargo terminal
54 direct port connections.
The 19 km2 Free Zone has an operational
infrastructure and is Investor ready
Investment value = USD 3.5 Billion from
several leading international companies
Europe
Phase I:
200 hectare completed:
Methanol, PET, Automotive parts, Luxury
Middle
East
South
Asia
Yachts Petrochemical industries.
Phase II:
Far East
265 hectare under development
will attract investments on logistics, light &
medium industries
Africa
Oceania
Thank You
[Link]
(+968) 24 62 3333
(+968) 24 62 3300
invest@[Link]