Transcript Sohar Industrial Port Company
Abu Dhabi Dubai Bandar Abbas Khasab Sohar Muscat Duqm
Arabian Sea
Karachi Salalah
Indian Ocean
Mumbai
Sohar Industrial Port Company- corporate group Sohar Industrial Port Co. (SIPC) -SAOC Government of Oman 50% + Port of Rotterdam 50% Sohar International Development Co. (SIDC)- LLC Government of Oman 50% + Port of Rotterdam 50% Port of Sohar Sohar Free Zone LLC SIDC 52%; SKIL 26% Sohar Port Special Projects SIDC 99%; SIPC 1%
Clusters of major industries
Hydrocarbons: 3.4 km 2 of 5.5 km 2 ; $3.56 billion; 10mtpa
• oil refinery 5.4mtpa • Bitumen refinery 1mtpa • Polypropylene 340ktpa • Aromatics 1mtpa • Methanol 1mtpa • Urea 1.2mtpa • Formaldehyde 53ktpa • Industrial gases 52mcm Nitrogen • Sugar 700ktpa
Metals & Minerals: 3.4 km 2 of 3.5 km 2 ; $4.95 billion; 14mtpa
• Aluminum smelter 350ktpa • Iron ore pelletizing 10mtpa • DRI steel 1.5mtpa • Steel melt shop 350ktpa • Heavy metal manufacturing • Dry bulk & minerals jetties
Port Authority
Private business
Existing From Previous Stage Permanent Road Corridor to include services corridors Temporary Road Surface Vehicle Gates Plot Availability / Tenant Inflow Wadi Construction (Rip Rap) Fence Line
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Food & agro industries Steel industries
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Logistics: warehousing, consolidation, packaging
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Downstream petrochemicals
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Metals manufacturing Renewable energy solar Automotive- related Railport-related Other assembly industries Research & education Medical & Health care
Freezone Sohar..Main Features according to RD 123/2010
NO CORPORATE TAX FOR UPTO 25 YEARS NO CUSTOMS DUTIES NO PERSONAL TAX 100% FOREIGN OWNERSHIP EXPORT & DOMESTIC BUSINESS LOCAL SALES 5% CUSTOMS DUTY MINIMUM LOCAL LABOUR: 15% TRAINING INFRASTRUCTURE ONE STOP SHOP CUSTOMER SERVICE NO MINIMUM CAPITAL SIMPLIFIED CUSTOMS PROCEDURES JUST IN TIME INFRASTRUCTURE & UTILITIES