Investment incentives

• Studies on investment opportunities.
• Industrial loans by Oman Development Bank
• Setting up industrial areas and free zones that are provided with high quality infrastructure.
• Exemption of equipment from the custom duties
• Skilled national manpower as they are trained on working for industrial sector.
• Exemption form custom duties on raw material imports.
• Exemption of income tax
• Special programs to subsidy SMEs such as intilaqa, Youth Fund, Al Rafd Fund, Sanad, the Public Authority for SMEs Development and Sharakah.
• Encouraging exports and conducting study on the export markets and provide export credit guarantee.
• Preference of national production in public procurement.
• Encourage and promote local products through national products promotion campaigns.
• Subsidy provided to poor performing companies to help them remain in the market and conduct study on rehabilitating such companies
• Organize industrial competitions such as Sultan Qaboos Award for Industrial Excellence.
• Take necessary measures against dumping of the local market.
• Take necessary measures to avoid unfair competition among GCC states (under preparation).

Completive edges

• Strategic location.
• Political stability.
• Membership of WTO
• Standard GCC tariff.
• Natural wealth
• Agreements to encourage and protect investments.
• Privatization policies.
• Investment opportunities.
• High quality infrastructure and organizational framework