Transformer Radiators
Transformer Radiators
Setting up a manufacturing facility for Transformer Radiators to complement the localization plans for transformers. Radiators are imported into Oman, highlighting a clear opportunity to localize this critical component. With four transformer manufacturers in the country relying on these materials, and radiators representing a significant share of overall raw material costs, establishing local production would enhance supply chain resilience, reduce lead times, and create strong in-country value. The company will secure off-take agreements and pre-purchase contracts to ensure demand commitment and enhance commercial viability.
Location
sohar industrial area
Capital
4,000,000 OMR
Payback
6 Years
Duration
1.0 Years
Land Size
10,000 sqm
Source
Voltamp
Sector's Highlights
2024
2023
2024
2024
Sector's Incentives
Up to 10 years of corporate tax exemptions for manufacturing projects.
Long-term land leasing options at competitive rates to facilitate industrial growth.
Duty-free imports for machinery, raw materials, and equipment needed for manufacturing.
R&D Partnerships: 40% cost-sharing for Industry 4.0 pilot projects.
Export Acceleration: Customs exemptions for 71 countries across 15 trade agreements.
