Setting up an Aluminum composite panels (ACP) manufacturing unit in Oman
Setting up an Aluminum composite panels (ACP) manufacturing unit in Oman
An opportunity in a new manufacturing plant to make structural metal products of various types of Aluminum composite panels are cladding, ceilings, partition, false ceilings, signage, interior decorations, insulation and advertisement.
Location
Suhar Industrial City (Madayn)
Capital
2,380,000 OMR
Payback
6 Years
Duration
1.3 Years
Land Size
10,000 sqm
Source
Ministry of Commerce, industry and Investment Promotion
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.
