Special Economic Zone Authority Duqm (SEZAD)
The Special Economic Zone in Duqm (SEZAD) has been established as per the provision of the Royal Decree No 119/2011 issued on 26TH October 2011. The establishment of SEZAD crowns the great efforts made by the Sultanate to diversify sources of national economy. SEZAD stretches over 2,000 square kilometer with 60km long beach front. They have started developing 45% of the area, about 800 km. The remainder part of the area is left for the future expansions.
SEZAD is the biggest special economic zone in the Middle East region. This large size allows the establishment of various mega projects. The government has taken into consideration to ensure that the area is fit for a wide number of business activities to meet the needs of investors. The area is divided into 8 main areas that include the port, the ship dry dock, the oil refinery, the regional airport, the heavy - medium and light industries complex, the residential –commercial and tourism area in addition to logistic services area. Necessary measures have been taken while preparing the designs to ensure ecological balance and allow residents to move from one area to another smoothly using the main and sub road networks.
SEZAD has many competitive advantages to its credit which qualify it to become a logistic and marine hub not only for Oman but for the Gulf region on the Arab Sea outside Hormuz Straight. The area will house an advanced petrochemical industries complex that will use secured oil and natural gas supplies. It will also house an integrated manufacturing industry area that utilize the available natural resources in al Wusta governorate. Moreover, the area is known for its abundant fish resources, which qualify it to become a hub for fish processing industries and aquaculture projects. Duqm can be also an ideal destination for those seeking tranquility and peace of mind as it enjoys modest climate during summer as well as winter in addition to the natural beauty of the region.
These competitive edges are complimented by a number of facilities and incentives provided by SEZAD Authority including 100% freehold by foreigners, tax exemption for up to 30 years renewable for similar period and easy recruitment of expatriate manpower for projects in the area, issuance of entry visas and residency permits for expatriate manpower and their families in addition to the facilitation of customs procedures. Many services are also provided to investors in the area such as registration of business and industrial activities, issuing licenses for tourism projects and issuing environmental permits. Moreover, the land usufruct in the region is for 50 years renewable for similar periods.See more