Industrial Estates in Oman
In the year 1983, the government of Oman initiated its first Industrial Estate to achieve the objectives of long-term development,
The Public Establishment for Industrial Estates, commonly known as Madayn, was established in 1993 to continue the industrial development initiated in the Sultanate with the creation of the Rusayl Industrial City in 1983. The success of Rusayl Industrial City inspired the formation of Madayn, which currently manages and operates ten industrial cities: Sur, Suhar, Raysut, Nizwa, Buraimi, Rusayl, Samail, Ibri, Al Mudhaibi, and Mahas.
In addition to these cities, Madayn also oversees the Knowledge Oasis Muscat (KOM) and the Al Mazunah Free Zone. If you are interested in investing in any of these industrial estates, you can contact Business Setup Worldwide (BSW). At BSW, we provide comprehensive strategies to help you make better investments.
Different Industrial Estates in Oman
The various industrial estates in Oman are as follows:
Rusayl Industrial Estate
It is situated 45 km from Muscat and was established in 1983 as Oman’s flagship Industrial Estate. Rusayl provides its tenants with first-class facilities, including factory and office space, electricity, water, gas, sewage treatment, housing, internal and external road networks, banks, clinics, etc. Rusayl is also home to the offices of the Customs Department and the Royal Oman Police.
Suhar Industrial Estate
Suhar Industrial Estate was established in November 1992 and is ideally located midway between Muscat and Dubai. Also called Oman’s garden city, Sohar Industrial Estate offers tenants easy access to domestic as well as international markets. The estate is home to 60 businesses, 35 units under construction, and a further 55 are expected to come on stream in the near future. The production on the estate includes marble, paper recycling, foodstuffs, detergents, leather, furniture, toothpaste, beverages, ice cream, glass, steel bars, and engine oil.
Raysut Industrial Estate
Established in 1992, this industrial estate is situated in the southern region of Dhofar near Port Salalah. With plans to create a free zone adjacent to the port, Salalah has the potential to become a significant hub for air-sea cargo and industrial development. The government is also working to expand the estate and has started supplying the area with subsidized gas.
The Raysut Industrial Estate is home to manufacturers producing a range of products, such as school stationery, fish processing, box files, ice, frozen chickens, PVC pipes, steel fabrication, medical supplies, solar heaters, flour, fertilizer, and vegetable oil.
Sur Industrial Estate
This Industrial Estate is situated in the Al Sharqia region, which is 300 km from Muscat. The estate was established in 1999, and its major tenants include Oman LNG, the National Gas Company, and the Oman India Fertilizer Company (OIFC). Given the nature and international stature of the estate’s key tenants, Sur is rapidly developing expertise and competitive advantage in the area of natural gas and its associated industries and services.
Nizwa Industrial Estate
It was inaugurated in 1994 and is located 180 km away from Muscat. This industrial estate plays a pivotal role in accelerating industrial development in Oman. The estate is home to manufacturers producing ceramics, plastics, medical products, plywood, tea packaging, mineral water, water tanks, ferrous casting, oil services, and foodstuffs.
Ibri Industrial Estate
The Ibri Industrial Estate was established in the year 1992, and it is in Al Dhahirah. The leading industries in the Ibri Industrial Estate are light and medium industries, commercial areas, administrative offices, industrial workshops, and warehouses.
Buraimi Industrial Estate
Buraimi Industrial Estate was established in 1998 and is located in the Al-Dhahira government in the western part of the Sultanate. It occupies a strategic business location on the border with the UAE. It offers tremendous opportunities to tenants wishing to exploit either domestic and emerging B2C and B2B markets, particularly in the Gulf region and Central Asia.
Al-Mazunah Industrial Estate
Al-Mazunah Industrial Estate commenced its operations in 1999 and is situated in Oman’s southern region of Dhofar near the Yemen border. Al-Mazunah offers excellent opportunities to those wishing to trade goods through Oman and Yemen and/or locate warehouse facilities. Yemeni employees can work in the zone without a visa, and workers can cross into the estate without the usual border procedures.
Samail Industrial Estate
Samail Industrial Estate is located in the Wilayat of Smail in Al Dakhiliyah governorate, about 45 km away from Muscat International Airport. It was established in 2010, and the management of the PEIE is making significant efforts to accelerate the implementation of the infrastructure projects at this industrial estate.
Mahas Industrial Estate
The Mahas Industrial Estate, founded in 2017, is located in Khasab. The industries within the Mahas Industrial Estate include the manufacturing of cement products, bricks, and ready-mix concrete, as well as quarries and power generation.
Advantages of Investing in Industrial Estates in Oman
These are the benefits of investing in industrial estates in Oman:
Tax Exemption for 5 Years
Investors in industrial estates in Oman can enjoy complete tax exemption for the first five years of their investment, providing a significant financial advantage.
Zero Custom Duties
You are free from paying customs duties on the import of production inputs and machinery, and there are no restrictions on imports, exports, and sales.
Strategic Location
Industrial estates in Oman are located in strategic areas with easy access to transportation, including airports and ports, enhancing connectivity to both domestic and international markets.
Complete Foreign Ownership
You can gain 100 % foreign ownership for investors seeking a collaborative business environment.
Facilities Provided in the Industrial Estates of Oman
These are the facilities offered in the Industrial Estates of Oman:
- Strategic and eco-friendly locations
- Well-established economic, social, and cultural ties with the Middle East, Indian subcontinent, Africa, Europe, and the USA
- Land and buildings available for bespoke industrial development
- 100% foreign share capital for companies in Knowledge Oasis Muscat
- Community spirit
- Excellent telecommunications
- Close by modern and quality hotel accommodations for visiting clients and staff
- Restaurant and banking facilities
- Convenience and retail stores
Services Provided by Business Setup Worldwide
These are the services offered by Business Setup Worldwide:
Bank Account Opening Services
Our bank account opening services facilitate smooth and uncomplicated business transactions.
Virtual Office Services
We provide virtual office services for individuals seeking a remote workspace, designed to support you throughout your business journey.
Intellectual Property Registration Services
With our intellectual property registration services, you can protect your original works from unauthorized use by other businesses.
Shelf Company Services
We offer shelf company services that simplify the process of acquiring pre-established companies, allowing you to start your business operations immediately.
Tax Compliance Services
Our tax compliance services include VAT registration and corporate tax registration, helping you file your tax returns promptly and avoid penalties.
Notarization and Attestation Services
Our notarization and attestation services provide legal and certified signatures on your documents, enhancing their credibility.
Residency Visa Services
We assist you in obtaining residency visas for international travel, allowing you to stay in a foreign country for a specified duration.
Accounting and Bookkeeping Services
Our accounting and bookkeeping services help you efficiently track and manage your company’s financial records.
Why Choose Us?
Business Setup Worldwide has helped thousands of clients since its inception. The experts at BSW are knowledgeable in company formation services and can assist you in incorporating your business efficiently. If you are interested in investing in industrial estates in Oman, contact us. We provide tailored business solutions to help you establish your dream venture.
Frequently Asked Questions
The other term for Public Establishment for Industrial Estates in Oman is Madayn.
Investing in the industrial estates in Oman includes tax benefits, developed infrastructure, foreign ownership, government support, and strategic location.
