OPAZ

The Public Authority for Special Economic Zones and Free Zones

A focus on Renewable Energy Manufacturing & Green Steel Downstream

OPAZOPAZ
The Public Authority for Special Economic Zones and FreeZones
Is the government entity responsible for all Special Economic Zones,
Free Zones, and Industrial Estates.

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49 Billion USD
Total investment volume in the zones affiliated to the Authority until Dec 2023

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22 Zones

https://omap.pm

1(1) Established Special Economic Zone
(2) Under-establishment2(3) Established Free Zones(1) Under-establishment

3(9) Established Industrial-Estates(6) Under-establishment

OPAZ

About OPAZ
The Public Authority for Special Economic Zones and Free Zones was established August 2020 by Royal Decree No. 105/2020

Vision: The investment destination of choice
Mission: Developing and regulating the zones affiliated with OPAZ and providing an attractive and sustainable investment environment

The Authority’s functions and its relationship to the Special Economic Zone at Duqm, the Free Zones and the Industrial Estates:NEXT

PREVIOUSOPAZ Strategic Pillars | 6 Strategic Objectives | 28 Sub-Objectives
Plan & DevelopRegulate &Supervise

Facilitation &Aftercare

Market & Attract

Ensure that OPAZ
zones plan forand provide
property solutionthat meet futurepriority sector

Ensure abusiness friendly
regulatoryenvironment in
OPAZ zone plans
andpreformation

Deliver investor
centric approachto company
facilitation andaftercare toensure efficientcompany setup
and growthPartner with key
stakeholders todevelop andpromote sector
specific value
proposition that
attract anddeliver coretarget investors

Activate &Accelerate

Organization
ExcellenceWork with partners
to realise a new
economic growthpole in Duqm by
activating &accelerating core
sub-zonedevelopment plansthat compliment
Oman’s overallnational offering

Ensure that OPAZ
has the rightculture, plans,
skills andsystems todeliver its
strategy &mandate

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OPAZ

Investor Incentives
Incentive

Details

Foreign ownership

100% wholly owned

Currency

All currencies permitted

CapitalNo minimum requirement

Tax exemption

10 - 30 years depending on zone

Profit100% repatriation permitted

Tenancy agreement

Usufruct agreement up to 50 years, renewable for similar periods

Foreign labor permits

Issued within 24 hours

Residency (investors & workforce)

Eased processes

Minimum required local workforce

10% in free zones
35% in industrial estates

NEXTWith streamlined incentives across all FEZ’s in Oman, investors can take advantage of the free & open eco-system to attract, grow,and foster businesses and investments

APPLYADMIN• Fill the application
form of land usufruct• Proposed plot
provided to investor• Business set-up &Commercial Registration• Submit registration
documents

CONTRACT• Usufruct submitted toinvestor for signature

PERMITS• Krookie is submitted toinvestor• Assign consultant &submit drawings to Zone
• Visa & Permits issued

OPAZ

Ideal Business Environment
The Omani Special Economic and Free Zones are one of the most attractive destinations in the MENA region

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Value proposition:

Multimodeltransportation
systemDiversenaturalresources

Ease of doing
business

OPAZ’s fundamental pillars
1. Quality infrustcture

1. Quality infrustcture

2. Connectivity

2. Connectivity

3. Utilities

3. Utilities

International
relationships

Strategiclocation

OPAZ

Bilateral Trade Relations and Tax Treaties
Free Trade Agreements and other International Agreements:

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Oman has established a robust network of over 105 agreements and treaties, including Free Trade Agreements (FTAs) and bilateral investment treaties, toencourage foreign investment and enhance economic integration with the global economy.

The Gulf
Cooperation
Council (GCC)

The US-Oman Free
Trade Agreement

The GCC- Singapore
FTA and European
Free Trade
Association (EFTA)
Agreement

The Greater ArabFree Trade Area
(GAFTA)

World Trade
Organization (WTO)
Membership

Double Taxation
Agreements withmost trade partners

OPAZ

Close Proximity to Markets with more than 2.5B People
In the route of the most important maritime lines

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Direct flights from the capital to most continents in the globe

OPAZ

Oman already has topmost access to logistics and infrastructure required
for localized manufacturing companies
overview
Infrastructure

requirements

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Utilities connection

Road and rail

Ports & Free zones

Oman positioning>$10B FDI1 inflows in water & electricity sector

Profound experience of planning & procuring for electricity & water necessities for incoming manufacturing
companies

Oman’s roads were ranked in the TOP-10 globally and 2nd in the GCC which reflects sizeable financial
commitment by the Government and quality of road. Oman to be connected with Etihad rail by 2027

Duqm - 50:50 JV between Port ofAntwerp (Europe’s 2nd largestport) & Sultanate of Oman (Asyad)

Aviation

Salalah - Partly owned by APM

Sohar - 50:50 JV between theamong world’s largest)

Sultanate of Oman (Asyad)

terminals (Danish container operator,Port of Rotterdam and theOman International Airport is voted one of the top airports in the world, ranked 7th best airport worldwide in2019 in the category of 15-25M passangers3

1. Theglobaleconomy.com; 2. Airport Council International; 3. FDI inflows till 2019; 4. Consortium Antwerp PortOPAZ

Renewable Energy
Oman is defining the national green hydrogen strategy – 30-60GW electrolyzer capacity by
2040 announced as preliminary ambition
Oman’s 2040 Vision prioritized a green economy path with a strong focus on green Hydrogen

His Majesty Sultan Haitham bin Tarik issued directives to drive H2sector and creation of HYDROM by royal decree 10/2023

Establishment of a company to develop the clean energy andH2 sector in Oman (HDO) followed by creating an entity inNEXTPREVIOUS

charge in orchestrate the hydrogen industry in OmanInclusion of the sector as part of the organizational structure

OMAN
2040
VISIONof the Ministry of Energy and Minerals
Acceleration of procedures for regulating the sector andsetting up the necessary legal frameworks and policies for its
growthAllocation of appropriate sites (50K sq.km) for the productionof green hydrogen with the aim of promoting foreign
investment and localizing the technology
Announcing 2050 as they year to achieve net-zero emotions

OPAZ

Oman has world class renewable
resources

3 zones selected todevelop gh2 projects

SoharMuscat

Wind speed

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Solar PV Potential 1Ad DhahirahSur
Ad Dakhiliyah

kwh/mm/s

12 m/sTotal available area for
Gh2 ~50,000 km2
Duqm 1NEXT6 m/s

Al Jazir 30 m/s

Dhofar 2OPAZ

Establishment of the National Hydrogen Alliance (Hy-Fly) with 13 key public & private entities topromote clean Hydrogen (August 2021) including the Public Authority for Special Economic Zones

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Oman ambition is to develop the entire value chain in the green H2 sector

H2 production

H2 logistic

H2 utilizationo Energy supply

o Storage & transporto Industrial processeso H2 productiono Retailo Transport applicationso Power generation

And others

ShippingDerivatives

Infrastructure

H2 production

Renewable/Power systems

Financing

Orchestrator

Transport &Storage

Off-takecoordination

Policy maker& Regulator

Tender, land &infrast. mgmt

Regulations

role

Country
Strategy &policies

H2 value chain

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omani entities involved

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OPAZ

Clear sector structure with four different roles to drive the Hydrogen
economy in Oman
DeveloperNEXTPREVIOUS

OPAZ

International investors are looking to Oman and announced several
large-scale H2projects with electrolyzer capacity over 19GWProjectACME proj.
(Duqm)

Hyport Duqm

Green Energy
Oman

Announced
electrolyzer
capacity

Powered by~ 3GW solar+ 500MW
wind~ 250-500
MW1Powered by
1.3GW solar~ 14 GW
Powered by
25GW solar +wind

Current
statusSohar H2 Plant

Salalah H2

BP Alternative
EnergyHyduqm

Project Amnah~ 35 MW3
Powered by~1GW solar~ 400 MWPowered by
1GW solar +wind~ 3.3GW ofelectricity~ 150,000 metrictons of hydrogenannually~ 1.2M tons
per annum ofgreen
ammonia~ 215,000 tons ofGreen Hydrogen
per annum

Only announced, on feasibility development state (no Final Investment Decision)

KeyPartners

Others

MEM signed a strategic framework agreement with BP for wind measurements for two sites(in Al Wusta and Dhofar)

OPAZ

The establishment of PV and Wind energy facilities across Oman will
require significant amounts of components, parts and systems

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Companies manufacturing and assembling these products are most welcome in Oman.

~300M
Solar panels~10K~5,200Wind turbines

Electrolyzers~180GW~100GW

Renewable capacity

Electrolyzer capacity
Source: Ministry of Energy and Minerals Oman

OPAZ

Green Metals (Steel, Aluminum and Alloys) production Opportunities for
manufacturers in Oman in Oman
Green Metal Manufacturers in the Special Economic Zone at Duqm

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These companies have committed in excess of US$7bn to establish in Duqm, to use green energy to manufacture green Iron, Steel and Aluminium

Part of Jindal Group
Green metals and alloys

Iron Metallics BusinessGreen metals and alloys

An integrated industrial
complex for low carbon
products

Jindal Shadeed (Vulcan) has started construction of its green steel facility and, working with OPAZ, plans to attract users of green steel to theSpecial Economic Zone at Duqm.
Green steel and alloys can be used by a very diverse range of downstream manufacturers including Green Auto and EV manufacturing Sector.

OPAZ
Markets

Project
VOPC&VODCNEXTPREVIOUS

Establishment
Construction :2009
Production start up: 2011

Production
9,313,899 Tonof TBC

Markets

1.
2.
3.
4.
5.
6.
7.
8.
9.

Egypt
Libya
USA
KSA
Malaysia
Algeria
Spain
Qatar
India

Project
Jindal Shadeed Iron & Steel

Establishment
Commissioning of DRI
Plant in 2010
Upgrade in 2023
Production- Square Billets- Round Billets- RebarLand size“sqm” 1,031,600Import
PFPT : 6,849,093 Ton fromTubaro
IOCJ: 3,455,779 from Ponta daMadeiraLand size
Plant area 300 Acers with 600
Mts long Jetty

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.

Oman
UAE
KSA
Qatar
Bahrain
Yemen
KuwaitIndia
Pakistan
BangladeshIndonesia
Malaysia
ThailandMyanmarBruneiChina
TaiwanSingapore
Philippines
Egypt
Ethiopia
Tanzania
Mauritius
Italy
Germany
USA
CanadaPeru
Australia

OPAZ

Green Steel and Aluminum in the Automobile and EV Sectors
Courtesy of Jindal Shadeed
Steel & AL comprise ~70% of the weight of a car
Passenger
Restraints

Replacing Grey AL & Grey Steel in a car with Green
AL & Green Steel would bring down CO2 emissionsof a car by >50%

Audio& Telematics

Interior (Steel)

Fuel SystemNEXTPREVIOUS

Axles & Driving
Shaft (Steel)Electronics& Electrical

Exhaust (Steel)Transmission(Steel & AL)

Engine(Steel & AL)

Braking(Steel)ClimateControl &Engine
Cooling

Body & Structura(Steel)

Break-down of Scope 1, 2 & 3 CO2 emissions
from a car

3.9

2.2

5.4

11.5

tonstons

tons

tons

CO2 emissions
fromAluminium

CO2 emissions
from SteelCO2 emissions
from othermaterials like
Battery,
plastics,
transport, etc

Totalemissions
from a car

Suspension (Steel)

Wheels &Tires (AL)Steering (Steel & AL)

OPAZ is very interested in talking to companies manufacturing for the Auto/EV sector

15Billion USD

SEZAD

Total investment volume affiliated to thezone until Dec 2023

2,000 sq. km²

The largest Special Economic Zone in the Sultanate of Oman
Development period

2012 onwards

Accommodation

2000 Beds of 3 - 4 star hotels and hotel apartments23,000 beds labor accommodation

AirportPort facilities

Local Airport – 1 hour flight toCapital Muscat

Deep sea Multi-purpose port – Managedand operated the Port of Duqm Company

Medical & educational
Family friendly to accommodate quality
living necessities facilities

ProjectvDetails

Highways

World class roads connecting Duqm locally and internationally

PortMulti-purpose port handling various operations with through a JV between ASYAD (Gov’t owned) & Port of Antwerp(Belgium)

PREVIOUSNEXTSEZAD

NPort of Duqm – Master Plan
DILC* (Phase1)

Port Concession Boundary

250 haLiquid Jetty
Phase 1Government berthPhase 2

Commercial Quay
Dry Bulk
Navy18 m
DraftContainer
ROROMultipurpose

Land Managed byport authority*Duqm Industrial Land Company (DILC) is subsidiary of Port of Duqm Company (PODC)

Terminals at the Commercial Quay

LiquidJetty

The Commercial Quay
▪
▪
▪
▪

ASYAD
Dry Dock

Quay Length :Quay Width :Quay Area :Draft:

N

2,230 meters
350 meters
77 hectares- 18 meters CD

Commercial Quay
200 m

1,130 m

200 m

300 m

Total Quay Length = 2,130 m

9 ha

6 ha

37 ha

6 ha

9 ha

Total Area = 77 ha

800,000MT5,000units

1.7 Million
TEUs

10 Million
MT

Terminal’s Annual
Capacity

MultiPurpose &Break-Bulk
Terminal
Oman Oil
Bunker Terminal

ROROTerminal

Container Terminal

Navy
Terminal

Dry
Bulk
Terminal

350 m

300 m

Port of Duqm - Terminals
Phase 1

Phase 2

DuqmRefinery
40.7 haFull Jetty Length = 450 Meters

902= 325m
Upcomingprojects

11.9 haUpcoming projects
54.7 haOTTCO
16.3 ha

350 Meters

903

904

905

906

901= 325m

Government
Berth

900 = 325m

The Liquid Jetty

Duqm Refinery Clean Products Export (Planned) :•Diesel 7.0 Mtpa

•Petcoke 0.85 Mtpa•

Jet Fuel 1.1 Mtpa•

Sulphur 0.22 Mtpa

•Naphtha 2.9 Mtpa

•LPG 0.4 Mtpa

▪
▪
▪
▪

# of Berths :Quay Width :Quay Area :Draft:

7 berths
350 meters~125 hectares- 18 meters CD

About the Special Economic Zones at Duqm
Key Projects and Tenants

OQ8OTTCOHYPORT® DUQM

Asyad Dry Dock

Oil and Gas
Refinery

Oil and gas storage

Green hydrogen plant

Dry dock for ship
repair/maintenance andsteel fabrication

Tourism

Renaissance Village

Karwa Motors

Fishery basedfactories

Hotels & LeisuredevelopmentsPREVIOUS

Accommodation & living
facilities

NEXTBus assembly &manufacturing
Investment: $88.3M

Freezing and packaging,fish oil productionSEZAD

OQ8Oil and Gas Refinery$8.6

Duqm Refinery, one of the integral projects in Oman, wasestablished through a JV between OQ and the Kuwait

B

Investment of OQ8 & OTTCOPetroleum International Company (KPI)• Production capacity of 230,000 barrels/dayAsyad Dry
Dock1,170• One of the largest Dry Docks in the Middle East and Africa,

ODC has two docks with a max. load of 600 DWT• Services include shipbuilding, maintenance, steel fabrication

Dry dock for ship repair/maintenanceand steel fabrication

No. of ships repaired and converted
from 2011-dateservicing commercial, government, cruise ships and moreDuqm
Airport24 km from the Port
19 km from the city center

Cargo terminal to accommodate
25K tones of goods annually

Designed to accommodate all types ofaircrafts including those handling large
passenger loads or air cargo

Renaissance
Village
Accommodation & living facilities

23,000Capacity for

beds• World class facility that provides accommodation for all levels ofemployees• All accommodation includes meals, laundry, WiFi connectivity andessential support services: recreation, medical and a MosqueKarwaMotors
Bus assembly & manufacturing
Investment: $88.3M$200
Investment• JV between Mowasalat Qatar, the state-owned transportcompany of Qatar, and Oman Investment Authority, Oman’sM

sovereign wealth fund• 600,000 sq. m of space and a capacity to produce up to 500
buses annually

Multipurpose
Fishery Port$160
Infrastructure• Largest fishery port in Oman with a depth of -10m to become amultipurpose port for Dhows

M• Management and operation will be lead by a consortium between
OIA and SEM Lorient-Keroman, a leading French operator• Fishery industrial complex in close proximity to the Port.
Includes 5 fish process factories, plus 2 under construction

Investment opportunities

Renewables

logistics

Healthcare

Tourism

Residential

Education

Commercial

Fisheries

Port & Drydock

Industries

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NEXTSEZAD

Key Map

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Thank you