Page Title
Polyethylene terephthalate bottle waste is abundant in the Sultanate of Oman, but there are no manufacturers producing fiber flakes, so it is exported to the international market.
Location
N/A
Capital
919,000 OMR
Payback
6 Years
Duration
1.6 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.