Oman Chamber Supports Auto Industry Incentives
Amman Industry reports that the government's decision to grant incentives and exemptions to attract investments in the automotive manufacturing and assembly industry in the Zarka Development Zone contributes to expanding the production base of the national industry. The focus is on increasing added value and diversifying industrial exports. The head of the chamber anticipates that this approach will create opportunities to develop an integrated industrial system and encourage factories to transition from assembly to more advanced manufacturing stages, while also benefiting from export opportunities to regional and global markets. Additionally, the incentives include costs related to energy, land, and logistics services, aiming to enhance competitiveness, attract significant investments, and introduce modern technology. There is also a focus on developing supporting industries, supplier networks, and technical skills.
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