Value Proposition & Investment Opportunities

Transcription

1 Value Proposition & Investment Opportunities

2 Agenda 1. National Objectives 2. Comparative & Competitive Advantages 3. Economic Drivers 4. Master Plan & Current Investment 5. Incoming Projects 6. Business Opportunities 7. Oman Company for Duqm Development 2

3 1. Economic diversification beyond hydrocarbon. 2. Increase GDP s share from domestic investments and FDI. 3. Balancing regional development. 4. Creation of high value jobs. 3

4 Comparative Advantage 1. Politically stable and secure national context. 2. Strategic location on international maritime routes outside the Straits of Hermuz. 3. Proximity to the giant Asian markets and the oil-rich Gulf countries. 4. Availability of mineral resources: limestone silica, basalt, and Gas as feedstock. 5. Pristine beaches and abundant fish stock. 6. Preferential access under GCC, GAFTA, and US FTA. 4

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6 Comparative Advantage 1. Politically stable and secure national context. 2. Strategic location on international maritime routes outside the Straits of Hermuz. 3. Proximity to the giant Asian markets and the oil-rich Gulf countries. 4. Availability of mineral resources: limestone silica, basalt, and Gas as feedstock. 5. Pristine beaches and abundant fish stock. 6. Preferential access under GCC, GAFTA, and US FTA. 6

7 Competitive Advantage 1. Lucrative tax exemptions and no FDI restrictions. 2. Access to land for long leasehold and at affordable rates. 3. Readily available infrastructure, multimodal transportation network and utility services. 4. Transparent and proactive regulatory environment. 7

8 Pursuance by the Royal Decree number 119/2011 and 79/ % foreign ownership 2. Exemption from Taxes (30 years). 3. The Capital Of the Project may be fully owned by non Omanis. 4. No currency restrictions and trading. 5. No minimum capital requirement 6. Exemption from import & export duties 7. Zero corporate tax 8 Zero personal income tax 8

9 A Streamlined Regulatory Environment. SEZAD offers a single point of contact; a one-stop- shop, to investors to provide them with transparent, efficient and timely regulatory services in the form of: - Tax exemption package. - Business registration. - Planning and construction permits. - Environmental approvals. - Business licensing. - Facilitated process for obtaining work permits for expat work force. 9

10 1. A special economic zone with a total area of 1777 sq. km and 80 km coastline. 2. A maritime transit hub and a logistics gateway to the Region. 3. An export manufacturing complex based on: petrochemicals, minerals and fisheries 4. A tourism destination: eco, cultural and adventure tourism. 5. An incubator of renewable energy and clean technology industries. 10

11 WHY DUQM

12 Business Clusters LOGISTICS RESIDENTIAL ZONE (2290 Ha) INDUSTRIAL ZONE (365 km sq) SEA PORT (2250 m x 350 m; 18 m draft) DRYDOCK 2 basins at 8 m depth EDUCATION & TRAINING ZONE TOURISM ZONE (24 km sq) FISHERIES ZONE CENTRAL BUSINESS DISTRICT 12

13 Planned Projects Next

14 Airport Back

15 Road Back

16 Frontier Town Back

17 Investment 95 Million OMR Tourism 8% others 1% Residential /Commerci al 42% Industrial 49%

18 Incoming Projects Projects Title Start Finish Natural Gas Supply Jun 2014 Nov 2018 Oman GCC Railway Feb Port superstructure Jul 2014 Feb 2017 Port expansion Jun 2014 Dec 2015 Road network Apr 2012 Aug 2020 Expansion of Water distribution network Oct 2014 Mar 2019 Expansion of Electric distribution network Oct 2014 Jun 2020 Sewage network Jun 2014 Nov 2018

19 Incoming Projects Projects Title Start Finish Public parks Feb 2014 Mar 2016 Social Amenities Apr 2013 Jul 2019 Rock garden Feb 2014 Mar 2016 Landscaping Mar 2014 Jun 2020 Inter and intra bus stations Jul 2016 Jul 2019 Consulting services Dec 2013 Jun 2018 Project management Jan 2013 Jul 2018 Government buildings Oct 2012 Jul 2020 Environmental Facilities Jun 2012 Sep 2015

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27 Crown Plaza Hotel

28 Crown Plaza Hotel

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30 Private-sector initiatives Public-Private-Partnerships Government procurement 30

31 Opportunities are driven by a Growing GDP and a Boom in Construction Activities in the GCC; and include: Mining and Mineral Processing: Silica, Lime, Kaolin, Soda Ash, Fuller s Earth, Gypsum, Salts, Granite, Marble. Oil Refinery Downstream Products: Olefins and Aromatics. Manufacturing: Glass, Cement, Paints & Coatings, Fertilizers, Granite Fiber, Ceramic Tiles & Fixtures, Solvents, Detergents, Adhesives and Polymers. 31

32 Industrial Manufacturing Warehousing & Logistics Oil Refining Petrochemicals Logistics Villages Freight Forwarding Mineral Extraction & Processing Mineral Based Manufacturing Transportation: sea, air and land Port and dry dock support businesses Food & Beverge Manufacturing Fishery & Aquaculture Hotels & Resorts Tourism & Real Estate Residential & Labor Housing Offices & Commerci al SMEs Software & ICT Supporting Services Commercial & Financial Education & Training Engineering & Constructio n 32

33 1. Power Generation & Desalination 2. Renewable energy: wind and solar 3. Waste management: residential and industrial 4. Education and Training 5. Air cargo facilities 6. New port facilities 7. New dry dock facilities 33

34 PROJECT SCHEDULE STATUS Marine Port: liquid berth Jan 2013 to Jul 2018 (Tender Proposal Evaluation) Airport: passenger and cargo terminals Sep 2013 to Apr 2016 (Tendering Process) Municipal solid waste landfill Dec 2013 to Aug 2016 (Feasibility Study/Scope of Works) Water Discharge & canals Jan 2013 to Dec 2017 (Consultancy Design & Engineering Works) Fisheries Port Mar 2013 to Jul 2016 (Tender Proposal Evaluation) Urban development of Duqm New Town Feb 2014 to Mar 2019 (Conceptual Study) New roads Jan 2013 to Nov 2016 (Engineering, Procurement & Construction Works) 34

35 A publicly owned company for the development of the zone. Manages and operates public assets in the zone. Develops land, structures business opportunities, markets and conducts commercial transactions. Provides opportunities for PPPs (JV, BOT, and BOO). Leverages private-sector financing for infrastructure projects. 35

36 Thank You!