Investment Attraction
Sector: the National Digital Economy Program
1. Investment Environment in Oman
- Strategic location connecting Asia, Africa, and Europe, with coastlines on the Arabian Gulf and the Arabian Sea — offering direct access to major global markets.
- Advanced infrastructure with 21 submarine cables, 99% 4G coverage, 90% 5G coverage, and Tier 3 data centers.
- Supportive regulatory framework, free trade agreements, and flexible tax/customs incentives.
- Competitive operating costs and 100% foreign ownership in specific economic zones.
2. Key Investment Zones
- Sohar Free Zone – a major industrial and logistics hub.
- Duqm Special Economic Zone – the largest economic zone in the MENA region, located on the Arabian Sea.
- Khazaen Economic City – an integrated smart logistics city.
- Muscat Innovation Complex – a platform linking public and private sectors to support innovation and entrepreneurship.
3. Main Investment Opportunities
Semiconductors
- Integrated circuit (IC) design.
- Assembly and testing of semiconductor chips.
- Silicon wafer manufacturing.
-Investment opportunities worth hundreds of millions with government support, dedicated land, and tax incentives.
Data Centers & Cloud Computing
- Building advanced Tier 3 and Tier 4 data centers in areas like Dhofar and Sohar.
- Partnerships in satellite cloud services.
Video Games
- Establishing game development studios leveraging local talent and Omani cultural themes.
Space
- Ground stations, space data centers (GS Hub), and space technology manufacturing and assembly.
- Leveraging Oman’s location near the equator.
Cybersecurity
- Firewall factory.
- Data recovery and secure disposal lab.
- AI-powered Security Operations Center (SOC).
- Cybersecurity-as-a-Service (CaaS) for SMEs.
- Quantum Cybersecurity Center.
4. Incentives
- Customs and tax exemptions.
- No restrictions on capital transfers.
- 100% foreign ownership allowed.
- Investor residency and visa facilitation.
- Free trade agreements with the USA and Singapore.
- Access to government and private funding (Investment Authority, pension funds, angel investors…).
5. Summary
The Sultanate of Oman offers a comprehensive investment ecosystem in the ICT sector, combining a strategic location, flexible regulatory environment, robust infrastructure, and attractive incentives — making it a promising destination for investments in semiconductors, data centers, space, cybersecurity, and digital gaming.
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