Marine Docks Equipment Factory
Marine Docks Equipment Factory
Establishing a Marine Docks Equipment Manufacturing Complex in Duqm, Oman, will support the region’s growing maritime and fisheries sectors.The facility will produce essential marine equipment, strengthen local supply chains, create jobs, and serve regional markets.
Location
Duqm Special Economic (Opaz)
Capital
6,200,000 OMR
Payback
5 Years
Duration
1.5 Years
Land Size
30,000 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.
