Manufacturing - SME -Small Scale Steel Fabrication Unit
Manufacturing - SME -Small Scale Steel Fabrication Unit
Metal fabrication is the creation of metal parts, machinery, or components through forming, cutting, welding, brazing, soldering or riveting, bolt fastening and other like processes. Fabrication process is used in almost all civil constructions, electricity transmission and distribution lines, Oil & gas applications etc.
Location
N/A
Capital
200,655 OMR
Payback
5 Years
Duration
0.0 Years
Sector's Highlights
2025
2024
2030
Sector's Incentives
Up to 10 years of corporate tax exemptions for manufacturing projects.
Long-term land leasing options at competitive rates to facilitate industrial growth.
Duty-free imports for machinery, raw materials, and equipment needed for manufacturing.
R&D Partnerships: 40% cost-sharing for Industry 4.0 pilot projects.
Export Acceleration: Customs exemptions for 71 countries across 15 trade agreements.
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