Investment Presentation - The Public Authority for Investment ...

“Economic Environment


&
Investment Opportunities

in
Oman”


The Public Authority

for Investment Promotion & Exports
Development

(PAIPED)


“Economic Environment &

Investment
Opportunities

in
Oman”



Oman Overview


How we support investor


Priority Sectors


Why Oman


Economic Climate


FreeZones

& Ports

Area

309,500

Km2

Capital City

Muscat

Population

3.3
Mn

(2011)

Coastline

3,165 Km

GDP

USD 73
bn

(2011)

Currency

Omani
Rial

= USD 2.58

Natural Resources

oil, natural gas, copper, fish, agriculture, tourism

Major Trading
Partners

UK, Japan, UAE, South Korea, China, EU, Thailand

International
relationships

Oman has relations with over 140 countries and
is a member of over 105 regional and
international organizations ( UN, WTO, FTA, GCC,
GAFTA).

•
PAIPED is a government authority established in
1997

•
Aiming to
facilitate investment in Oman and develop exports of products
and services of Omani origins from Oman to overseas market.

•
PAIPED
works closely with all government agencies to ensure Oman’s
competitiveness as the best place to conduct business.

•
With
its networks of representatives all over the world, PAIPED has the
network to assist any business established in Oman grow in the
international market



“Creation of wealth

through

Investment Promotion

and
Export Development
”


Individuals right to choose in Commercial Transactions.


Ability to Voluntary Exchange of Goods and Services.


Freedom to Compete.


Protection of personal, intellectual and property rights.


Ability to access to sound money.


Providing information on investment climate, laws, procedures and also project
specific information.


Organizing visit program and matchmaking meetings for foreign investors.


Assisting investors to obtain various government
approvals.


Reviewing
the project proposals prepared by the investors and advising them on the
appropriate entry strategy for setting up operations.


Assisting local investors to identify potential foreign partner and vice versa.


Supporting
the existing companies to identify international partners
.

Chemicals
&
Pharmaceuticals

Plastics

Tourism

Metals

ICT

Marine

Auto
-
motive

Services

Why
Oman?

Strategic
Location

Stable
economic
framework

Comprehensive
legal
framework

Excellent
infrastructure

Educated
young
workforce

Cooperation
Agreements

Free Trade
and open
market
policy

Incentives
Package

Competitive
Utility Rates

Tax
Exemption
for
5
years.

ZERO
personal
income tax

Free
Repatriation
of Capital &
profits

100
%
Foreign
Ownership

One
-
Stop
-
Shop

Global Ranking

•
(World Economic Freedom Index
2012
)
Fraser
institute
–

144
countries

20

•
(Doing Business Index
2012
)

World Bank Group
–

183
countries

47

•
(Global Competitiveness Index
2012
/
2013
)

World
Economic Forum
–

142
countries

32

•
WTO
Membership.

•
AGCC Common Market Jan.
2008
(Market Potential of
29
Million).

•
Arab Free Trade Zone with effect from Year
2005
(
18
Countries with a
Population of
300
million).

•
Free Trade Agreement with USA.

•
Free Trade Agreement between AGCC and Singapore.


73

Billion US $


Source:
The National Center for Information & statistics
–

Publications
2012

Source:
The National Center for Information & statistics
–

Publications
2012

Petroleum
activities

Non
-
Petroleum

Agriculture &
Fishing
–

2
%

Industry
-

32
%

Services
–

33
%

Oil

Gas

50
%

50
%

Source:
foreign Investment Book,
6
th

issue
2012
, National Center for Statistics & Information

Foreign Direct Investment
2005
-

2010

0
2
4
6
8
10
12
14
16
18
2011
2010
2009
2008
2007
2006
2005
Billion USD

0%
10%
20%
30%
40%
50%
60%
Oil & Gas
Manufacturing
Finacial Intermediation
Real estate
Trade
Transport
Constuction
Hotels & Resturants
Electricity & Water
Other
Source:
foreign Investment Book,
6
th

issue
2012
, National Center for Statistics & Information

UK

36
%

USA

16
%

UAE

15
%

India

4
%

Kuwait

4
%

Qatar

3
%

Bahrain

3
%

Mauritius

2
%

Netherlands

2
%

Other

15
%

Source:
foreign Investment Book,
6
th

issue
2012
, National Center for Statistics & Information

Oman Economic Vision

Development of Human Resources.

Creation of Stable macro economic framework.

Competitive private sector.

Economic diversification

Industrial
Estates

Ports

Free
Zones

•
Public Establishment for
Industrial Estates (PEIE)


•
Total Area:
73
Mn

M
2

•
Total Investment:
USD
10
billion

•
Investors

=
1200



Rusayl

Nizwa

Mazyouna

Sur

Sohar

Buraimi

Raysout

KOM

Muscat

Industrial Estates

Investment
Opportunities

Township

Facility
Management

Logistics &
Warehouse

Green projects

Knowledge
Advance
Technology

Infrastructure


S
upporting tech
-
oriented businesses.


home to over
60
Int’l & local firms like
Oracle
,
HP,
Motorola, Microsoft,
and
Huawei as well as dynamic hi
-
tech
start
-
ups
.



Incentives:


100
% foreign ownership


High speed Internet access


Highly
competitive
telco

rates


No personal income tax
.


Conference rooms


Duty
-
free
access of products from Oman to
GCC countries


Knowledge Oasis
–

Muscat

Saudi Arabia

Sea of Oman

UAE

Yemen

Indian Ocean

Sohar

Port &
FreeZone

Sohar

Port

21
Km
2

Sohar

FreeZone

45
km
2

Industrial
Estate

20
km
2

Airport

20
km
2

Railway
Station

Sohar

Port & Free Zone

8
km

3
Km

Logistics

Petrochemicals

Industry

Metals &
Minerals

Energy &
Water

Maritime & Industrial
Education

Port of
Sohar


A
gateway to a regional consuming market

Sohar

FreeZone

•
Direct access to Logistics Cluster in
the port.

•
Investment in Infrastructure = USD
65
million

•
E
xpected industrial investments
this year = USD
65
million.

Sohar

FreeZone

Logistics

200
ha

Manufacturi ng

50
ha

Downstream
i ndustries
250
ha

Investment
Opportunities

R&D

Steel industries

Metals
Manufacturing

Downstream
petrochemicals

Logistics &
Packaging

Automotive
-

related

Food Processing

Health care

Sohar

FreeZone

Saudi Arabia

Sea of Oman

UAE

Yemen

Indian Ocean

DUQM

Saudi Arabia

Sea of Oman

UAE

Yemen

Indian Ocean

Salalah

Port
& Free Zone


Salalah

is at the center of a regional market
worth more than
USD
600
B in East Africa,
the Indian Subcontinent and the
Gulf


6
M TEUs container capacity, to be increased
to
15
M in the future.


Over
3
,
000
Commercial Vessel Calls per
annum
-

24
/
7
operation throughout the
year


Global ranking container terminal and highly
efficient general cargo terminal


54
direct port connections.


Oceania

South
Asia

Far East


Europe


Africa

Middle
East


The
19
km
2
Free Zone has an operational
infrastructure and is Investor
ready


Investment value = USD
3.5
Billion from
several leading international
companies


Phase I:

200
hectare completed:
Methanol, PET, Automotive parts, Luxury
Yachts Petrochemical industries.


Phase II:


265
hectare under development
will attract investments on logistics, light &
medium industries




www.ociped.com




(+
968
)
24 62 3333



(
+
968
)
24
62 3300

i nvest @oc i ped.c om


Thank You