ABOUT US

INCENTIVES AND FACILITIES:

• Lease period of lands and facilities for up to 30 years, renewable for the same period.
• Right to waive the lease right for the remaining period of the contract.
• Right to sell constructions and buildings on the leased land.
• Right to lease the buildings and facilities built on the leased lands by investors.
• Right to involve new partners in the lease contract.
• Fair evaluation of buildings and facilities upon the termination of the lease contract.
• Rental value of OMR 1 annually per square meter for the first five years for industrial uses.
• Exemption from tax on net profit for a period of five years for industrial projects.
• Exemption from customs duties and taxes on production inputs.
• Income tax at a fixed rate of 15% per annum and fixed customs duties of 5%.
• Developed and equipped lands with basic services (water, electricity, telecom, roads)
• Percentage of foreign workforce touches up to 65%.
• Transparent legal frameworks illustrating rights and obligations.
• Punctuality in service delivery.
• Freedom of working around the clock.
• 100% of foreign ownership in all industrial cities.
• Projects can receive 100% foreign ownership.
• Participation in internal and external Omani Products Exhibitions as part of 'Made in Oman' Campaign
• Participation in workshops, seminars and exhibitions, which are organized by Madayn.
• Workforce townships equipped with a variety of services

OBJECTIVES:

• Attract foreign investments to the Sultanate and localising the national capital.
• Stimulate the private sector to achieve sustainable economic and social development.
• Boost advanced technology and develop employees’ skills and performance.
• Contribute to creating new job opportunities for the national cadres.
• Encourage exports and the establishment of export industries.
• Stimulate the economic sectors in the Sultanate including transport, tourism, banking, among other sectors.