Integrated Industrial Complex for Manufacturing Fishing Equipment in Al-duqm
Integrated Industrial Complex for Manufacturing Fishing Equipment in Al-duqm
The project aims to establish an integrated industrial complex in Duqm for the manufacturing of fishing and aquaculture support products, including PPE, PVC/HDPE products, and fishing nets and lines, supported by a quality assurance laboratory. The project will be developed in phases to meet growing market demand, reduce imports, and strengthen regional supply chains by leveraging Duqm’s strategic location and industrial advantages.
Location
Al Duqm port
Capital
7 OMR
Payback
4 Years
Duration
3.0 Years
Land Size
37505.203 sqm
Source
The Ministry of Agricultural, Fisheries, and Water Resources
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.
