{"id":83952,"date":"2025-01-23T00:00:00","date_gmt":"2025-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/23\/oman-offers-incentives-to-boost-investments-in-al-mazunah-freezone\/"},"modified":"2025-01-23T00:00:00","modified_gmt":"2025-01-23T00:00:00","slug":"oman-offers-incentives-to-boost-investments-in-al-mazunah-freezone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/23\/oman-offers-incentives-to-boost-investments-in-al-mazunah-freezone\/","title":{"rendered":"Oman offers incentives to boost investments in Al Mazunah Freezone"},"content":{"rendered":"

<\/strong>Oman offers new <\/strong>incentives for <\/strong>Mazunah Freezone<\/strong>:<\/strong> Oman\u2019s Public Establishment for Industrial Estates (Madayn) has launched a new package of incentives for existing and new investors in Al Mazunah Freezone as part of a push to boost investments across Oman, according to a statement<\/a>. <\/p>\n

T<\/strong>he <\/strong>incentives: <\/strong>The incentives include a 30% exemption on accumulated debts and a 50% cut in rental costs over the next five years. <\/p>\n

Going above and beyond: <\/strong>The zone already has several incentives in place for freezones in the country, including a 30-year income tax exemption, customs duties exemption, accessible trading of foreign currencies, the ability to import all goods allowed in Oman, and a 100% project capital ownership for investors, according to Madayn website<\/a>. <\/p>\n

About Mazunah: <\/strong>The freezone garnered investments of RO 5 mn (c. USD 13 mn) in 1H 2024, bringing total investments to RO 140 mn (c. USD 363.7 mn) since its establishment, with 185 lease agreements across several sectors, including 102 operational projects, according to the Madayn\u2019s website. Madayn also launched two RO 9.5 mn (c. USD 24.7 mn) projects at Al Mazunah freezone back in December 2023<\/a> and acquired a global code to designate the Mazunah dry port a final destination for incoming and outgoing goods. <\/p>\n","protected":false},"excerpt":{"rendered":"

The new incentives aim to foster investments across Oman<\/p>\n","protected":false},"author":1,"featured_media":83953,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[142,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zones","tag-oman","tag-zones","wpautop","entry"],"acf":{"mongo_id":"11421e05-2023-4bc2-9a9c-0a1623048c3a","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/1677.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman offers incentives to boost investments in Al Mazunah Freezone","related_issue":[83936],"teaser":"The new incentives aim to foster investments across Oman","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.76b169b2-3a11-4a55-b5f3-c1dd474c60d4.mp3"},"yoast_head":"\nOman offers incentives to boost investments in Al Mazunah Freezone - 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