WHY INVEST IN OMAN?

Many international analysts see Oman as an ideal long-term investment opportunity.

Strategic location

At the centre of the east-west nexus joining markets in Europe, Asia and North America in addition to close proximity to Africa.

Political and economic stability

Monarchy led by his Majesty Sultan Qaboos who commands popular support. Sound economic management strict control over public debt, inflation and rate of exchange.

Diversification

Government focus on diversification, industrialisation and privatisation to reduce reliance on hydrocarbon revenues.

Transparent legal system

Investor-friendly legislative environment.

Trade agreements

Signatory to WTO, GCC common market, GAFTA, FTAs with USA, Singapore, Iceland, Norway, Switzerland and Lichtenstein.

Foreign ownership

100% foreign ownership in free zones and 70% in most sectors.

Taxation

100% foreign ownership in free zones and 70% in most sectors

Capital and profit repatriation

No restriction on capital or profit repatriation, currency exchanges or dividend transfers.

Custom exemptions

Exemptions on import of plant, machinery and raw materials for 5 years from commencement of production.

Infrastructure

No restriction on capital or profit repatriation, currency exchanges or dividend transfers.

Benefits and Process of Oman's Investor ID

Invest Oman video

Projects Hub

Al Wusta Al Wusta Al Batinah North Dhofar Al Buraimi Ad Dakhiliyah A'Sharqiyah A'Sharqiyah North Al Dhahirah Muscat Al Batinah South A'Sharqiyah South Musandam
Muscat Governorate

The most important Governorate in Oman is the Muscat Governorate. Apart from being the seat of power, the Muscat region provides captivating vistas of nature’s raw beauty coupled with fascinating facets of living antiquity.

The Muttrah Corniche that connects Muscat with Port Sultan Qaboos presents visitors panoramic glimpses of golden beaches, shimmering sand dunes (Bawshar Sands) and majestic mountainous heights. Muscat is known to be a melting pot where ancient Omani cultural heritage blends effortlessly with contemporary tradition and style. One can see quaint houses with grand gates and small shops selling traditional ware in markets from a bygone era.

Serpentine roads connect this ancient past with snazzy restaurants, malls and streets replete with contemporary architecture. The city’s unique blend of the old and the new fascinates every visitor to Muscat. Muscat has the unique distinction of winning the ‘Cleanest Arab City Contest’ several times consecutively. It is also known to be one of the Cleanest Arab Capitals in the Middle East!

The Governorate of Muscat consist 6 Wilayts namely Muscat, Bawshar, Mutrah, Qurayyat, Al Seeb and Al Amirat.

Tourism

Oman Tourism
Oman Tourism

The Sultanate of Oman is richly endowed with stunning vistas and a rich cultural heritage. As a peaceful and unique destination, regional and global interest in Oman as a tourist destination continues to gain momentum.Oman Tourism Development Company (Omran) is a Government owned company mandated to drive the investment, growth and development of the rapidly growing tourism sector in the Sultanate of Oman.

Projects 0
opportunity (Bn. USD) 0
Promoters 0
Oman Fisheries
Oman Fisheries

Oman is the largest fresh fish producer in the GCC. Landings, over the past five years have averaged 204,800 tonnes and valued at US$446.8m. Government investments into Oman’s budding fisheries and aquaculture segments have drawn investor attention.

Oman Fisheries
Manufacturing in Oman

Manufacturing has been helping drive economic growth and raise living standards for almost three centuries. And today it continues to grow, accounting for approximately 16% of global GDP and 14% of employment. In Oman, manufacturing as we know it started in 1975 and currently the sector employs 61,000+ people and exports to 140 countries. In 2015, made in Oman non-oil exports reached US$8bn, up from US$680m in 2002 and accounted for 9.5% of Oman's GDP.

IOPWEBMANUFAC-P-1

Oman Logistics

The logistics sector plays a vital role in Oman’s modern and ambitious economy and is key to increasing inward investment, non-oil exports and the nation’s competitiveness.

Logistics isn’t only an important sector in its own right but also a critical enabler for businesses of all sizes operating across the sultanate - from the gypsum quarry in Thumrait, hypermarkets in Seeb, battery manufacturer on Rusayl Industrial Estate, the pelletizing plant in Sohar to the plastics exporter on Salalah Free Zone. A well-oiled logistics sector provides Omani businesses and manufacturers with ways to increase efficiency, go greener and drive profits.

Oman Fisheries
Oman Mining

Geographically, Oman is naturally endowed with more mineral wealth when compared to its Gulf neighbours and is also well known for its copper mining since time immemorial. In ancient times Oman was known as 'Majan' or 'the Land of Copper'. The largely untapped mineral sector of Oman is now known to be rich in chromite, dolomite, zinc, limestone, gypsum, silica, gold, cobalt and iron and the Mining Sector is now expected to become a major non-hydrocarbon contributor to the Omani Economy in the years to come.

The Ministry of Commerce and Industry regulates Oman’s mining activities according to the Mining Law (Royal Decree No. 27/2003), which provides for the issuance of mining licenses, the resolution of mining sector disputes, and the protection of the environment.

Others

The other areas of investment in Oman include Healthcare, Real estate, Education & Training, Information & Communications Technology and Food processing. With new policies and regulations, these sectors continue to be a profitable investment destination apart from Oil & Gas, Tourism and Manufacturing.

OMAN : FREE TRADE AGREEMENTS (FTA)

The Sultanate of Oman wishes to integrate with the global economy through bilateral, regional and multilateral economic cooperation. In this context, the Sultanate joined the World Trade Organization (WTO) in 2000. The Sultanate's accession to the World Trade Organization (WTO) has given the Sultanate many advantages in integrating and benefiting from the global economy.

Know more

Latest News & Events

Social Feeds

Success Stories

Webinars

  • Webinar schedule will be published shortly!

    Register Note: Register to receive notification on upcoming webinars.
Download Mobile App
Visitor Count
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0