Electrical Conductors Plant
Electrical Conductors Plant
An opportunity in a new manufacturing plant to make an electrical conductors with connectors. The target market is mainly exports for the GCC region worth in the region of 149 Mln OMR (387.5 Mln USD) per year.
Location
Samail Industrial City (Madayn)
Capital
392,639 OMR
Payback
3 Years
Duration
0.9 Years
Land Size
1000 Sqm
Source
N/A
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.
