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Port & Freezone Sohar. The basics: Location. Bandar Abbas. Khasab. Dubai. Sohar. Abu Dhabi. Karachi. Muscat. Duqm. Arabian Sea. Mumbai. Salalah. Indian Ocean. Sohar Industrial Port Company- corporate group. Sohar Industrial Port Co. (SIPC) -SAOC
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The basics: Location Bandar Abbas Khasab Dubai Sohar Abu Dhabi Karachi Muscat Duqm Arabian Sea Mumbai Salalah Indian Ocean
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% Sohar Free Zone LLC SIDC 52%; SKIL 26% Port of Sohar Sohar Port Special Projects SIDC 99%; SIPC 1%
Hydrocarbons: 3.4 km2 of 5.5 km2; $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 km2 of 3.5 km2; $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
The basics: Infrastructure development strategy Private business Port Authority
GATEWAY: Greater Sohar Economic Zone Sohar Industrial Port 22 km2 Sohar Airport 20 km2 Train Freight Terminal Sohar Free Zone 45 km2 Sohar Industrial Estate 20 km2
New Projects Dry Bulk Terminals: Iron ore, iron pellets, aggregate, other minerals
New Projects Grain Terminal
4.5 km berths 16-19 meters deep OiltankingOdfjell C. Steinweg Hutchison Wampoa
FreezoneSohar Phase 3 Phase 1 Phase 4 Phase 2 Phase 5
Freezone Phase 1 Area Manufacturing 50 ha Logistics 200 ha Downstream industries 250 ha
Freezone Phase 1 Area 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
Freezone Investment Opportunities • Food & agro industries • Steel industries • Logistics: warehousing, consolidation, packaging • Downstream petrochemicals • Metals manufacturing • Renewable energy- solar • Automotive- related • Railport-related • Other assembly industries • Research & education • Medical & Health care
FreezoneSohar..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