About Oman
 

Oman Minerals

Investor's Leaflet

Infrastructure in Oman

Investor's Leaflet

The Sultanate of Oman is one of the most progressive countries in the Middle East. A fast developing nation with a high per capita income and tremendous business potential, it is the ideal destination for corporations on the look out for investment opportunities.

Attractive fiscal incentives and liberal government policies create just the right climate for new investments. Some of these special incentives are:

  • Exemption from income tax for a 5 year period renewable for a future 5 years.

  • Relief from import duty on raw materials and machinery for five year period.

  • Full repatriation of capital, earnings, profit and royalties.

  • Stable and freely convertible Omani Rial protects investment returns.

  • Fully serviced Industrial Estates across the country offer investors a comprehensive infrastructure that's needed to set up a manufacturing base.

  • The Oman Development Bank (ODB) is a vital factor in the development of industry. It plays a strategic role in the privatization of the economy.

  • The Muscat securities Market (MSM) has gained a reputation as one of the most active market in the Gulf. It is regarded as the potential source of new capital for the private sector ans is the driving force in the Sultanate's current development phase. It plays a fundamental role in expanding the investment base and promoting wider ownership of assets.

  • The Government gives top priority to education and vocational training. Oman has all the essential ingredients for professionally trained workforce, abundant local talent and easy access to skilled and disciplined labour.

  • The Sultanate enjoys the benefits of a stable economy. The Oman Rial is pegged to the US Dollars and is freely convertible.