DUQM An Integrated Fishery Hub in The Sultanate of...
Transcript of DUQM An Integrated Fishery Hub in The Sultanate of...
DUQM
An Integrated Fishery Hub
in The Sultanate of Oman
� A newly emerging city
expected to host more
than 350,000 people
� A commercial port and
drydock, among the
world's largest in the
Middle East
Duqum City
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• A centuries old tradition
• Aquaculture development started in 2012
aiming at 20%/y growth rate
• Oman fishery today
— Over 191,000 tons in 2012, 21% higher than 2011
— Valued at US$ 355 million (first sale)
— Employs 45,000 Omanis
Fishery in Oman
“Oman is host to rich
marine species.”
International
Policy &
Planning
National
Policy &
Planning
National
Fisheries
Policy
Five-Year Plan (2011-
2015)
Strategic Direction
DUQM
An Integrated
Fishery Hub
An extra 40 million tons of fish will be needed by 2025 (World Bank,
2007)
A market led approach
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Strategic ObjectivesCreating a Sustainable Fisheries with particular emphasis on:
Maximizing Socio-economic Returns (GDP, Food Security, Jobs )
Introducing Technology & Innovation
Environmental Efficiency
Private-sector Led Growth
Quality Product
Competitive Advantage & Global Recognition
� Commercial Fishing Harbour
� Oceanic landing facilities
� International and national legal and hygiene compliance
� Support services
� Quick clearance – export & other regulatory formalities
Main components of the cluster:
� Processing plants
� Cold stores
� Office and agency requirements
� Support infrastructure
� Research and Quality testing labs
� Training centres
Main components of the cluster:
� Fisheries Industrial Estate
Master Plan
Fisheries Industrial Zone
Duqm Fisheries Industrial Estate : the
Opportunity for Growth of Oman’s Fish Sector
• Duqm will be the hub of a step-wise expansion in
the fisheries sector – catching, importing,
processing and distribution, exporting plus all the
dependent trades.
• Duqm should be able to attract all categories of
fishing vessels, including the largest, from other
countries operating in the Indian Ocean.
• Higher fish landings will spawn much larger fish processing and transportation activities, and therefore many new small businesses as well as investment opportunities for older businesses, and jobs for Omanis.
• The fish industry in Duqm will be an industrial cluster. It will be encouraged by the excellent communication links (road, rail and air) planned for the Duqm development.
The Benefits Multiply
8 sq km
The city of Duqm and the Fisheries Industrial Estate
Source: Jurong Consultants Pte. Ltd
Fishing port
A Unique Opportunity
• A huge potential for expansion
• Proximity to major international markets
• A country with high credibility
- Resources biodiversity along > 3000 km coastline
- World class infrastructure
- Excellent seafood processing sector
- Strategic location close to key export markets
- An investor-friendly environment with attractive
suite of incentives
- Political stability and an orderly civil society
- Professional, business-friendly legal and
regulatory framework
Why investing in Oman
The government is looking for a
strategic partners to build and
operate the fishing industrial
estate
Our commitment• The Government will invest in the
fishing harbour and supporting facilities (> 250 m $)
• No restrictions on currency repatriation
• Long term land lease
• Low input costs: fuel, energy, labour etc
• Financial incentives
�Tax holiday & Duty benefits
�Soft loans
Our expectations
• Long term business commitment –sound investments in Oman
• Proven track record in fish processing, marketing
• Strong sense of social commitment
• Majority/Wholly owned foreign investments possible
• Easy clearances
Come, talk to us
• One-to-one sessions
• Visit Oman
• Give your proposals
• Let’s grow together
• Do come, to DUQM
Master Plan
Fisheries Industrial Zone
Thanks for your valuable time
and keen interest