Manufacturing - MoCIIP - Copper Bars, Rods and Profiles Plant
Manufacturing - MoCIIP - Copper Bars, Rods and Profiles Plant
This opportunity is a new plant to produce Copper Bars, Rods, and profiles which are widely used in fields of electric power.
Location
N/A
Capital
3,200,000 OMR
Payback
4 Years
Duration
1.6 Years
Land Size
2,000 Sqm
Source
Ministry of Commerce, industry and Investment Promotion
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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