Investment Opportunities in Special Economic Zone, Duqm Port, Oman
28th Sept 2017: Hotel Leela Palace, Chankayapuri, New Delhi
I have pleasure in inviting you to the seminar being co-organized by Duqm SEZ, ASSOCHAM and FICCI with the support of Ministry of External Affairs, Govt of India to promote Indian companies set up businesses in Duqm Port. Schedule of the seminar is as follows:
Day / Date : Thrusday, 28th September 2017
Venue : Hotel Leela Palace, Chankyapuri, New Delhi
The Sultanate of Oman is a strategic partner for India in the Gulf region and the government of Oman is very keen to have companies from India set up business in Duqm SEZ. The Government of Oman has giving highest priority to attract Indian companies in Special Economic Zones created in proximity to Ports of Salalah, Sohar and Duqm in the Eastern part of Oman. Around two dozen Indian companies have already invested in the zones adjacent to Salalah and Sohar ports.
The Zone offers an attractive package of investment incentives and tax cuts that aim at enhancing the business environment for the private sector and improve its competitive standing which includes:
- Easy and facilitated access to land based on long term leases and reduced rates.
- Removal of any restrictions on foreign ownership and minimum investment capital; waiver/reduction of corporate tax and customs duties.
- This is in addition to nationally applicable incentives such as the waiver of personal income tax, convertibility of currency, and the full repatriation of investment capital and profits.
We feel investments by Indian companies in Oman open up job opportunities for Indian professionals and workers, as Indian companies investing in Oman invariably prefer to employ Indians at various levels of management and operations. They also tend to import equipment and supplies from India.
Given your interest in the region, we take pleasure in inviting you to participate in this seminar. May I request you to please send in your confirmation to my colleague Mr. Anurag Sharma at E: firstname.lastname@example.org , T: 011-46550539, latest by Sept 25, 2017.
I look forward to your active participation in the seminar.
Deepti Pant (Ms.)
Additional Director- International Affairs
HEAD – AFRICA, ARAB, EAST ASIA, SAARC, BRICS & BIMSTEC