Oman Automotive Market Report

7-10
DECEMBER 2016
Oman Convention & Exhibition Centre
Muscat, Sultanate of Oman

OMAN
Automotive
Market Report
2016
Automotive Market Report 2016
Oman
Content
Page

1.0 About Oman
2.0 Oman Automotive Sector Overview
3.0 Omans Automotive Market
3.1 GCC Automotive Market
3.2 Oman Economic Outlook
3.3 Oman Market Outlook
3.4 Oman Total Vehicle Sales
3.5 Oman Top Vehicles Sales by Manufacturer
4.0 Oman and GCC Automotive Trade
10
4.1 GCC Automotive Exports
10
4.2 Oman Automotive Exports
10
4.3 GCC Automotive Imports by Source Country
12
4.4 Oman Automotive Imports
13
4.5 Potential Opportunities of Omans Automotive Industry
13

5.0 Omans Plans to Become an Automotive Industrial Hub
14
5.1 Investment Opportunities in the Automotive Sector in Oman
15

6.0 Oman Automotive Projects
27
27
6.1 Oman Requests Iran Khodro IKCO to Establish Car Unit

6.2 Oman Invest in Italian Car Parts Supplier Sigit SpA
28
6.3 South Korean Firm Plans to Build Auto Spare Parts Project in Oman
28

7.0 Invest in Oman
29
7.1 Where To Invest?
30
8.0 Automobile Companies and Dealers in Oman
34

Oman
1.0
About Oman

Oman, strategically located where the Arabian Peninsula reaches toward the Indian Ocean, has
a long history of trade with distant nations. In ancient times, Omani caravans carried precious
frankincense to the Pharaohs and to King Davids Jerusalem. The local legend of Sinbad inspired
generations of Omani sailors to pioneer trade routes to India and China. Omani merchants
managed the worlds spice trade from the island of Zanzibar.

When the United States was still a new nation, Omani merchant ships sailed into Boston
Harbor, establishing a close relationship that culminated in the 2009 Free Trade Agreement.
These centuries of interaction with foreign cultures made the Omani people particularly
tolerant and outward-looking. But enlightened leadership was needed to unleash the potential
of the Omani people.

Today, Oman is a land of opportunity, enterprise and innovation that has retained and built on
its ancient heritage to become one of the most progressive, dynamic and stable Middle East
economies. The government has consciously fostered the countrys growth while preserving its
cultural values.

Blessed with oil and natural gas resources, positioned along the busiest sea-lanes in one of the
Fastest-growing regions of the world, Oman was poised for success. Oman is now a member of
the World Trade Organization and the Gulf Cooperative Council, and signed Free Trade
Agreements with the Arab League, United State of America and Singapore .The Basic Law of the
Sultanate of Oman establishes the national economy on the principles of justice and free
market.

Oman also offers residents endless ways to relax. With its long coastline, many amazing
beaches invite exploration. In a land that changes from plains to mountains, deserts to sea, dry
wadis to lush greenery, the possibilities of outdoor activity are vast. The Sultanate extends the
same dedication it puts to industrial development to preservation of its natural wealth and
environment. Today Oman is a sophisticated modern state that invites investment and
encourages entrepreneurship.


Oman
2.0
Oman Automotive Sector Overview
Oman is the third largest automotive market in the GCC after Saudi Arabia and UAE.
The Oman automotive market includes cars, parts and accessories, trailers and semi-
trailers, vehicles, tractors, and others.

The Oman automotive sector is expected to grow by approximately 7.5% per annum.

In the last decade, the Oman automotive market boomed from 114,000 annual units in
2004 to 213,924 in 2014.

The governments vehicle purchases had increased by 15.2% and rent-a-car companies
registrations had also surged by 29.9 % in the first seven months of 2015, up from a year
ago due to an increase in the number of infrastructure projects and the development of
the tourism sector.

There are existing Omani automotive parts manufacturers, which are leading the GCC
market and exporting to the worldwide market.

According to a study done by Emirates NBD research, Oman accounted for 59% of total
GCC automotive exports followed by Saudi Arabia 17.3% and UAE 16.5% .
(http://www.emiratesnbd.com/plugins/ResearchDocsManagement/Documents/Resear
ch/Emirates%20NBD%20Research%20UAE's%20Automotive%20Sector%20Overview
%204%20February%202015.pdf ) pdf page 2

There are more than 333 projects operating in the industrial estates; with a total
investment of over $6 billion.

In 2009 over $5 million worth of radiators were exported from Oman.

About 1.2 - 1.7 million batteries were produced in Oman; in 2010 almost $27 million
worth of batteries were exported to the world.

Oman has $164.7 billion worth of projects planned or underway across all sectors.

Oman
3.0 Omans Automotive Market

With the increasing importance of emerging economies, it is no surprise that Middle East
countries are fast becoming dominant in the automotive sector. The Middle East in general, and
the GCC in particular, are fast-growing markets for the automotive industry and the region has
a high ratio of car ownership per household.

3.1 GCC Automotive Market
The automotive sector in the Middle East remains upbeat and almost every car maker in the
region has reported sales growth in double digits, ranging between 20% and 40%. The
automotive aftermarket in the GCC in 2012 grew between 15 and 20% to reach US$7.5billion.
By 2016, the aftermarket sector is predicted to hit US$14.4 billion Over the next five years, a
growth of between 15% and 20% for parts and accessories, tires and tubes, batteries and
lubricants is predicted.
Oman is the third largest automotive market in the GCC after Saudi Arabia and UAE. Omans
auto market; however, is expanding rapidly and vehicle registrations are expected to increase
by approximately 7.5% per annum indicating that the number of cars in the Sultanate will reach
1.67 million by 2020.
Total Vehicle Sales of total GCC as of H1 2014
KUWAIT
10%
BAHRAIN
QATAR 3%
6%
OMAN
13%
Saudi Arabia
50%
UAE
18%
Source: www.oica.net and focus2move.com

Oman

3.2 Oman Economic Outlook
The fiscal balance is expected to swing to a large deficit in 2015 and narrow gradually in the
coming years. Economic diversification and the development of non-oil sectors appear to be a
higher priority than making fiscal adjustment.
The government will likely turn to its sovereign wealth fund and international debt markets to
sustain spending, while the International Monetary Fund (IMF) is urging an overhaul of the tax
system and other fiscal reforms to increase non-oil revenues.

3.3 Oman Market Outlook
Doubling volume of Omani new vehicles market from 2005 and 2013 the market gained the
world`s 39th place with an annual record actually fixed in the 2013. Volume slightly declined by
1.8% while the major risk for changing the trend was in the 2015.
The governments policy was to keep the same budget while increasing the deficit so that
consumers do not need to reduce their spending. Consequently, in the first half of the year,
according to data release by the Omani Authority for Transportation, the sales of new vehicles
are reported to be up again by 4.6%.
Moreover, this was the best half ever, considering that the entire first half of 2015 lost train just
the fall of the year. Therefore, perspectives for the second half are moderately positive while
the risk for 2016 are in place depending on political decisions.
In addition, Toyotas sales increased, with Hilux topping the record with 13,120 units, followed
by Land Cruiser P/U with 11.630 and the Land Cruiser 200 with 11.220 units.

Oman

3.4 Oman Total Vehicle Sales
In the last decade, the Oman automotive market boomed by 200% from 2004 to 2014 with an
impressive series of annual record interrupted just by the international financial crisis in 2009
(focus2move.com).

Oman Total Vehicle Sales as of H1

of 2015
250,000
200,000
150,000
Oman total vehicle sales as of
H1 of 2015
100,000
50,000
2011
2012
2013
2014
2015 h1

Due to the uniqueness of Omans geographical nature, which is close to the sea and desert and
to the increased public spending on infrastructure developments, there was an increasing
demand for light commercial vehicles which are dominating Omans vehicle market.
According to Times of Oman (September 22, 2015) the governments vehicle purchases had
increased by 15.2% and rent-a-car companies registrations had also surged by 29.9 in the first
seven months of 2015, up from a year ago.

Oman

The leasing vehicles percentage has increased by 29.9% compared to the year 2014. The
increase was due the to increase in the number of infrastructure projects and the development
of the tourism sector. Although the sultanates petroleum wealth has traditionally provided a
backbone for growth, efforts are well underway to diversify from hydrocarbons.
The Oman Vision 2020 has laid out plans to boost industrialization within the sultanate and to
encourage the private sector to take a more active role in the economy (www.ncsi.gov.om).
On the other hand, according to (automotive.einnews.com) The Middle East and Africa
Automotive Parts Die-Casting Market registered revenue $0.45 billion in 2014.
Furthermore, according to (researchandmarkets.com) The Middle East and Africa automotive
parts die-casting market registered a revenue of $1.3 billion in 2015. A study done by Emirates
NBD research reports that Oman accounted for 59% of total GCC automotive exports followed
by Saudi Arabia 17.3% and UAE (16.5%).
These and other huge Oman automotive projects that will be implemented in the upcoming
years will see a promising market and business opportunities for investors.

3.5 Oman Top Vehicles Sales By Manufacturer
According to the first half of 2015 ROPs official report, the market is broadly divided between
roughly 66% for passenger cars and for 34% for commercial vehicles as the Japanese
manufacturers still dominate the Oman automotive market.
Toyota is on top of the sales chart with 54.4% market share and monopolizes the top 6 models
ranking as the chart shows further:

Oman
Mitsubishi
1.10%
Honda, 1%
Chevrolet,
1.80%
others ,
10.90%
FUSO, 1.80%
Ford , 1.80%
Lexus , 2.70%
Kia, 4.90%
Hyundai,
8.20%
Toyota,
54.50%
Nissan,
11.30%
Source: www.bestsellingcarsblog.com and www.focus2move.com
Toyotas market share has been scaling 50% for many years. Toyota still obliterates the sales
charts with a 54.4% market share and monopolizes the top 6 model ranking. Nissan came
second by 11% followed by Hyundai by 8% and Kia by 4.9%.
In the top models sales Toyota has been leading the market for many years and monopolizes
the top first 6 models ranking in the H1 of 2015. The Toyota Hilux remains the best-selling
vehicle in Oman by a large margin, selling more than any other manufacturer as a whole, and
despite sales down by 9% and 11.8% share.
Followed by Toyota Land Cruiser (-14%) passes the Land Cruiser Pick-up (-24%) and Prado (-
17%) to claim the 2nd spot overall while the Corolla (-1%) overtakes the Hiace (-21%) to rank
5th. The Nissan Patrol at #7 (+6%) and Toyota RAV4 at #10 (+60%) are the only nameplates in
the Top 10 managing to gain ground year-on-year.

Oman
4.0 Oman and GCC Automotive Trade

4.1 GCC Automotive Exports
According to the International Trade Center (ITC), in 2014 the GCC automotive trade value
reached USD 66.5 billion, which increased by 39% from 2010. However 90% of the total
market value was imports. Cars accounted for 53.5% of GCC automotive exports to the world,
followed by trucks (18.4%) and part and accessories (16.6%.)
Source: UAEs Automotive Sector Overview 2015 (Emirates NBD)
Oman is the first automotive exporter among the GCC countries. Oman accounted for 59% of
total GCC automotive export followed by Saudi Arabia which is 17.3% and UAE 16.5%.
However, more than half of the GCC exports go to the GCC countries. 39.4% of total GCC
automotive exports go to UAE and China is the only country that records a decent share of GCC
automotive export, which was 11.3% as the chart shows below:
Who Gets GCC Automotive Exports 2014

Egypt
3%
Saudi Arabia
9%
Singapore Yemen
2%
2%
UAE
39.4%
Oman
11%
China
11%
other
22%
4.2 Oman Automotive Exports

Oman is developing its light manufacturing sector through industrial estates managed by the
Public Establishment for Industrial Estates (PEIE) .There are more than 333 projects operating

Oman
10

the industrial estates; with a total investment of over $6 billion. Oman is the 58th largest
export economy in the world and the 82nd most complex economy according to the Economic
Complexity Index (ECI). In 2013 Oman exported $48.7B and imported $35.4B.

GCC countries are high-consumption vehicle markets that represent significant opportunities
for manufacturers of vehicles and associated components. In addition the GCC market demand
for automotive parts grew by 34% every two years while China, India and Brazil grew by 9% to
14%, respectively, for the same period.

Omans expanding export market has led to a significant increase in the demand for automotive
parts, increasing in turn, the investment opportunities for local and international
manufacturers to capture this market. There are also existing Oman automotive parts
manufacturers which are leading the GCC market and exporting to the worldwide market.

The following is a demonstration of the key automotive products that manufacture, export and
re-export from Oman and have significant levels of tread domestically and regionally.

1) Radiators for Motor Vehicles

Dolphin Radiators is an existing local manufacturer and produces approximately 2,000 to
2,500 radiators per year. According to the Public Authority for Investment Promotion and
Export Development (Ithraa) over $5 million worth of radiators were exported from Oman
in 2009.

2) Parts for Diesel and Semi-Diesel Engines

In 2010 about $4.5 million of these products were exported from Oman as re-exports.
(predominantly to European destinations). As there are no existing production facilities in
the GCC, there is a great opportunity to any prospective investor to start at the lower end
and then tap into the export market, at least at the GCC level. The availability of the
resources in Oman and Omans strategic location make it the right place for this industry to
operate and grow, not to mention the advantage of the trade ports such as Port of Sohar and
Port of Duqm.

Oman
11

3) Lead Acid Accumulators of a Kind Used for Starting Piston Engines (Batteries)
The existing local manufacturer of car batteries, reem batteries, is a well-established
manufacturer. The plant production is about 1.2 -1.7 million batteries. The company exports
85% to the MENA region and Europe, while 15% of production is retained in Oman. In 2010
almost $27 million worth of batteries were exported from Oman with only 1% as re-export.
In addition, the GCC is a net importer of batteries and this demonstrates demand within the
regional market, which could be further satisfied by an additional Omani supplier.
Furthermore, the value of sales in this product profile represents just 3.5% to 5% of total
demand in the GCC in 2010 and between 0.15% and 0.2% of global import market in 2010.
4) Safety Glass Laminated for Vehicles, Aircraft, Spacecraft or Vessels
The existing market for safety glass in Oman is quite significant (about 200,000 units in
2010), and this has generally been increasing significantly year on year. Moreover, almost
26 million units were imported into the GCC in 2009 and this represents a huge potential.
Further, in 2009 around 10.5 million worth of this product were exported from Oman as re-
exports (all to Thailand, although in previous years exports have also been to Hong Kong
and Singapore). In addition, the estimated value of sales in this product profile represents
just 3.5% to 7% of total demand in GCC in 2010 and between 0.07% and 0.14% of global
imports in 2010.
A study done by the Public Authority for Investment Promotion and Exports Development
(Ithraa) demonstrates the investment opportunities of the automotive sector in Oman. The
study identified a range of automotive products that enjoy great potential opportunities to
be manufactured in Oman.

4.3 GCC Automotive Imports by Source Country
According to the International Trade Center (ITC) in 2014 cars represented 67.9% of total
GCC`s automotive imports from the world followed by trucks which is 13.6% and parts and
accessories is 8.9%. The first importer is Saudi Arabia which received a substantial 39.8% of
total GCC`s automotive imports, followed by UAE 39.9% and Oman 10.1%. On the other
hand, Japan was the top automotive exporter to the GCCs by 26.5%, followed by USA 19.9%
and Korea 9.2%. Oman came in the seventh rank of total exporters to the GCC by 4.2%,
followed by UK 3.2% and China 3.0%.

Oman
12
Oman, 4.20%
UK, 3.20%
China, 3%
Thailand, 6%
Germany, 9%
Korea,
9.20%
Japan, 26.50%
USA, 19.90%
other, 19.10%
Source: International Trade Center (ITC), and Emirates NBD research

4.4 Oman Automotive Imports
According to the International Trade Center (ITC), Oman is the third largest automotive
importer in the GCC region, which represents 10.1% of total GCC automotive imports. On the
other hand, Japan is the top automotive exporter to Oman with 26.5%, followed by USA 19.9%
and Korea 9.2%.

According to the Oman statistical year book 2015 of the National Center for Statistics and
Information, the total value of imported passenger vehicles has declined from 1, 711,2 million
in 2012 to 1,688,7 million in 2014. The value of imported commercial vehicles however, has
increased from 105,6 million in 2012 to 117,6 million in 2014. The increase was due to the
increase in the public spending on infrastructure development which led to the increasing
demand for light commercial vehicles. Furthermore, the value of other imported automotive
vehicles such as vessels, aircrafts and associated equipment has slightly increased from 2,564, 4
million in 2012 to 2,568, 4 million in 2014.

4.5 Potential Opportunities of Omans Automotive Industry
Omans auto market is expanding rapidly and vehicle registrations are expected to increase by
approximately 7.5% per annum, indicating that the number of cars in the Sultanate will reach
1.67 million by 2020. Furthermore according to (researchandmarkets.com) The Middle East
and Africa Automotive Parts Die-Casting Market registered a revenue of $1.3 billion in 2015.
Oman is the first automotive exporter among the GCC countries, accounting for 59% of total
GCC automotive exports by exporting and re-exporting to the auto parts and related products
to the region and the world.
Oman
13
5.0 Omans Plans to Become an Automotive Industrial Hub

Vehicle sales in the Gulf states increased by 8 percent to 1.8 million last year, according to
market researchers at focus2move. The regions largest market is Saudi Arabia with 2014
vehicle sales of 864,488, up 12 percent. Ranking second was the United Arab Emirates with
sales of 401,106, a rise of 11 percent. Oman came third with a flat volume of 218,185.
On the other hand, Oman has the financial strength to attract parts suppliers first and then
automakers by offering them a combination of oil-derived products, low energy costs and
access to the Greater Arab Free Trade Area. Recently the Oman government has bought into an
Italian supplier as part of its goal to develop the car production industry.
Oman has planned to establish an Iranian car production site through financing provided by the
sultanate, which can be one of the most important moves to develop the auto industry. One of
the plans is to build an automobile spare parts manufacturing project in Sohar to produce
aluminum automobile wheels in cooperation with a South Korean company. There are a lot of
efforts made by the private sector to engage in the development of the automotive industry.
Noor Majan is one of the good examples of Omans capability to innovate in the automotive
industry. Its project to build a strong, sport, luxury and green car was started in 2009 and
successfully completed in 2015. It aims at encouraging youth to innovate and promote their
dream projects.
Efforts are undertaken by the government and the private sector to develop the automotive
industry in Oman through projects. Not to mention the development of the infrastructure in
Oman and the improvement of the government services in terms of speed and facilitation.

Oman
14

5.1 Investment Opportunities in the Automotive Sector in Oman
Oman is a land of opportunity, enterprise, and innovation that has retained and built on its
ancient heritage to become one of the most progressive, dynamic and stable Middle East
economies. Blessed with oil and natural gas resources, positioned along the fastest-growing
regions of the world, Oman is poised for success. Oman is a member of the World Trade
Organization and the Gulf Cooperation Council, and also signed a free Trade Agreement with
Arab League, USA and Singapore. Moreover, the basic law of the Sultanate of Oman establishes
the national economy on the principles of justice and free market. Oman today is a very
sophisticated state that invites investment and encourages entrepreneurships.
Based on a study done by the Public Authority for Investment Promotion and Export
Development (Ithraa), There are a number of automotive products that enjoy a great potential
to be manufactured in Oman. These products were based on a range of criteria including
market potential, production factors, financial and economical viability and investment
potential.

Oman
15

1) Radiators for Motor Vehicles:

Definition
Radiators are cooling devices, through which water
or other fluids circulate as a coolant for the engine.

Dolphin Radiators is an existing local manufacturer and produce approximately 2,000 to 2,500
radiators per year. According to Ithraa in 2009 over $5 million worth of radiators were
exported from Oman. In addition, the GCC is a net importer of radiators, showing demand
within the regional market, which could be satisfied by an Omani supplier. The estimated value
of sales in this product profile represents just 5.5% to 10% of total demand in the GCC in 2010
and between 0.08% and 0.1% of global import market in 2010.

Key Quantitative Information
Size of Premises
10,000 15,000 M 2
Number of
Employees
100 200
Capital Investment
($)
20 25 million
Volume of Sales (#)
150,000 200,000 units per annum
Value of Sales ($)
3.75 7 million
Pricing Structure
$25 $35 per unit
Profit Margin
4 5%

Oman
16

2) Parts for Diesel & Semi-Diesel Engines:

Definition
This product group includes a range of cast iron
(or other metal) parts including pistons, piston
rings, cylinders, cylinder blocks, cylinder heads,
fuel inlet valves and pipes, valves, carburetors
and nozzles.

It is likely that a company setting up as a
manufacturer of one of these products will also
manufacture other products from within this group.

The GCC is a net importer of products in this group, showing demand within the regional
market which could be satisfied by an Omani supplier. The estimated value of sales for this
product group represents just 1.6% to 10% of the total demand in the GCC in 2010 (as there are
no existing production facilities in the GCC, demand can be assumed to be imports minus
exports which is $480 mil) and between 0.1% and 0.2% of global import market in 2010. The
estimated sales value for this product group ranges from being comfortably within the Oman
demand parameters ($12.1 million sales value in 2009 and $16.3 in 2010) to well exceeding it.
Therefore it will be critical for any prospective investor to start at the lower end and then tap
into the export market, at least at the GCC level.
Number of Employees
100 - 200

Capital Investment ($)
15 20 million
Volume of Sales (#)
1.5 2.5 mil
Value of Sales ($)
7.5 50 mil
Pricing Structure ($)
Average of $5 $20 per unit (although the

pricing ranges from around $0.1 - $400
depending on the type of part and vehicle,
engine type and specification. A lower
range has been used for the profiling as
this is considered a market entry level)
Profit Margin
10 12 %

Oman
17

3) Pneumatic Tyres for Motor Cars Including Station Wagons & Racing Cars:

Definition
Tyres are ring-shaped rubber coverings which
protect the wheel and enhance vehicle
performance by absorbing shock. Pneumatic
tyres are the most common form of tyres and
are filled with compressed air to form an inflatable
cushion.

The existing market for tyres in Oman is quite significant at about 1 million units in 2010. This
presents a good opportunity to establish a manufacturer on the grounds of meeting local
demand. However, the capital investment required is significant and therefore it would be
necessary to consider a larger market, at least at the GCC level, to make any investment stack
up. There is also huge potential in the regional market with the demand for tyres increasing
rapidly (consumer tyre demand in Dubai expected to grow annually by 10% and in Saudi the
annual growth is expected to be 12%). The number of tyres (under this code) imported into the
GCC in 2009 was about 25.7 million. It should also be noted that it is likely that a manufacturer
would also produce tyres under code 401120 and therefore there is potential additional
demand relating to this product group (this represents additional demand for between 9 and
20 million tyres per annum). The estimated value of sales in this product profile represents just
3% to 5% of net imports in the GCC in 2010 (as there are no existing production facilities in the
GCC demand can be assumed to be imports minus exports which is $1,185 mil) and between
0.1% and 0.2% of global import market in 2010).

Size of Premises
50,000 70,000 M
Number of Employees 400 - 600

Capital Investment
(US$) 125 150 million
Volume of Sales
(#) 350,000 500,000 units per annum
Value of Sales
(US$) 35 60 million
Pricing Structure
(US$) 100 - 120 per unit
Profit Margin
2 5%

Oman
18

4) Lead Acid Accumulators of a Kind Used for
Starting Piston Engines (Batteries):

Definition
Lead-acid accumulators were the first type of
rechargeable batteries. Due to their high power to weight
ratio they can provide the high current required by
automobile starter motors.

The existing local manufacturer, Reem Batteries, is a well-
established manufacturer. The plant production is about 1.2 1.7 million batteries. The
company exports 85% to the MENA region and Europe, while 15% of production is retained in
Oman. In 2010 almost $27 million worth of batteries were exported from Oman with only a
small proportion (1%) as exports .The main destinations for exports are the UK and Jordan.

There is an existing export market and reputation for batteries produced within Oman. As such
there is a possibility to develop the success further with additional local production. In
addition, the GCC is a net importer of batteries and this demonstrates demand within the
regional market, which could be further satisfied by an additional Omani supplier. The number
of batteries imported into the GCC in 2009 was about 4.3 million. The estimated value of sales
in this product profile represents just 3.5% to 5% of total demand in the GCC in 2010 and
between 0.15% and 0.2% of global import market in 2010. Therefore production at the scale
identified within this product profile is at an appropriate level.

Size of Premises
15,000 20,000 M
Number of Employees 200 300
Capital Investment ($) 15 20 million
Volume of Sales (#)
0.7 0.8 million units per annum
Value of Sales ($)
10.5 16 million
Pricing Structure
$15 $20 per unit

Oman
19

5) Parts for Spark-Ignition Type Engines:

Definition
Spark-ignition engines are those which use petrol as
opposed to diesel. A piston is a disk or short cylinder
fitting closely within a tube in which it moves up and
down against a liquid or gas, used in an internal
combustion engine to derive motion, or in a pump to
impart motion.

However, estimated production levels suggest that
there would be a need to serve a regional and global market. Demand in the regional market is
for around 10 20 million units per year. The estimated value of sales for this product group
represents just 2% to 15% of the total demand in the GCC in 2010 (as there are no existing
production facilities in the GCC demand can be assumed to be imports minus exports which is
$326 mil) and between 0.1% and 0.2% of global import market in 2010). The estimated sales
value for this product group ranges from being comfortably within the Oman demand
parameters ($25 million sales value in 2009) to well exceeding it.

Size of Premises
10,000 20,000 M
Number of Employees
150 - 200
30 40 million
Volume of Sales (#)
Value of Sales ($)
15 - 40 million
Pricing Structure
$300 $400 (can range from around $250

$2,000 dependingon vehicle, engine type
and specification. A low range has
been\used for the profiling as this
represents a market entry level)
Profit Margin
2 5%

Oman
20

6) Transmissions for Motor Vehicles:

Definition
This product group includes transmissions
for either manual or automatic vehicles. The
transmission on a vehicle is an automotive
assembly of gears and associated parts by
which power is transmitted from the engine
to a driving axle and is also known as a
gearbox.

Market Assessment
The existing market for transmissions in Oman is quite small at only just over 6,000 units in
2009. The GCC is a net importer of transmissions and this demonstrates demand within the
regional market which could be satisfied by an Omani supplier. The estimated value of sales in
this product profile represents about 19% to 50% of net imports in the GCC in 2010 (as there
are no existing production facilities in the GCC demand can be assumed to be imports minus
exports which is $79.6 mil) and between 0.03% and 0.09% of global import market in 2010).

Therefore the success of production of this product would be heavily dependent on exports to
the global market and if taken forward as a business proposition. This should initially be at the
lower end of the sales volume range with potential to develop and expand into global market
over time. This is a high value, high tech product and relatively specialized and would be
product targeted mainly at the vehicle assembly market. Due to the nature of the part, any
company producing this could start by serving the local GCC market but in terms of growth
would need to consider the global market. In order to develop the market potential for Oman
there will need to be a partnership with an FDI.

Size of Premises
10,000 20,000 M
Number of Employees
150 - 200
30 40 million
Volume of Sales (#)
Value of Sales ($)
15 - 40 million
Pricing Structure
$300 $400 (can range from around $250 $2,000

depending on vehicle, engine type and specification. A
low range has been used for the profiling as this
represents a market entry level)
Profit Margin
2 5%

Oman
21

7) Spark Plugs:

Definition
The purpose of a spark plug is to provide a place for an
electric spark that is hot enough to ignite the air/ fuel
mixture inside the combustion chamber of an internal
combustion engine. This is done by a high voltage
current arcing across a gap on the spark plug.

The purpose of a spark plug is to provide a place for an
electric spark that is hot enough to ignite the air/fuel mixture inside the combustion chamber
of an internal combustion engine.

The existing market for spark plugs in Oman is very significant at about 4.2 million units in
2010, although these are generally quite low-value parts. This presents a good opportunity to
establish a manufacturer on the grounds of meeting local demand based on the scale estimated
for this profile. However, this would need to be supplemented with additional regional demand.

There is also huge potential in the regional market as the number of imported parts into the
GCC under this code in 2008 was around 26 million. The estimated value of sales in this product
profile represents just 3% to 6% of net imports in the GCC in 2010 (as there are no existing
production facilities in the GCC demand can be assumed to be imports minus exports which is
$97.6 mil) and between 0.1% and 0.3% of global import market in 2010).

Size of Premises
10,000 20,000 M
Number of Employees
100 - 200
10 15 million
Volume of Sales (#)
6 8 mil units per annum
Value of Sales ($)
3 5.5 million (23 42% of GCC import market/0.2 0.6% of

global import market)
Pricing Structure
$0.5 $0.7 per unit (can range from around $0.10 $50
depending onvehicle, engine type and specification. A low

range has been used for the profiling as this represents a
market entry level)
Profit Margin
5 - 8%

Oman
22

8) Safety Glass Laminated for Vehicles, Aircraft, Spacecraft or Vessels:

Definition
Safety glass in relation to the automotive sector
includes front and rear windshields, door glass
for cars, vans, trucks, buses, trains and
construction vehicles. It is tempered, safety glass
and undergoes a specific treatment for
windscreens.

The existing market for safety glass in Oman is quite significant at about 200,000 units in 2010,
and this has generally been increasing significantly year on year.

Further in 2010 about $10.5 million worth of this product were exported from Oman as re-
exports (all to Thailand, although in previous years exports have also been to Hong Kong and
Singapore). The exports have been growing significantly since 2008 and therefore there is a
large and growing export market already developed for this product which could be satisfied by
local production and presents the opportunity to develop the export potential further. In
addition, the GCC is a net importer of safety glass and this demonstrates demand within the
regional market, which could be satisfied by an Omani supplier. The estimated value of sales in
this product profile represents just 3.5% to 7% of total demand in the GCC in 2010 and
between 0.07% and 0.14% of global import market in 2010.

Size of Premises
30,000 50,000 M
Number of Employees
200 400
70 100 million
Volume of Sales (#)
300,000 400,000 sqm per annum (approx. same as one

unit)
Value of Sales ($)
2.5 5 million
30 40
Profit Margin
6 10%

Oman
23

9) Ball Bearings:
Definition
Ball bearings are rolling elements that separate the
bearing races with balls. They are used to reduce
rotational friction and support radial and axial loads.

The existing market for ball bearings in Oman is
significant at around 6.4 million units in 2010,
although these are generally quite low value parts. This presents a good opportunity to
establish a manufacturer on the grounds of meeting local demand based on the scale estimated
for this profile. However, this would need to be supplemented with additional regional demand.
There is also huge potential in the regional market as the number of imported parts into the
GCC under this code in 2008 was around 27 million.

The GCC is a net importer of ball bearings at over $200 million worth in 2010 which represents
significant market that may be tapped in to by an Omani supplier. The estimated value of sales
in this product profile represents just 1.9% to 9.8%of total demand in the GCC in 2010 (as there
are no existing production facilities in the GCC demand can be assumed to be imports minus
exports which is $203 mil) and between 0.01%and 0.06% of global import market in 2010).

Size of Premises
2,000 5,000m2
Number of Employees
50 100
10 15 million
Volume of Sales (#)
1.5 4 million
Value of Sales ($)
3.8 20 million
Pricing Structure
$3.5 - $5.0 per unit (although the pricing

ranges from around $1 to $200 depending
on vehicle, engine type and specification. A
lower range has been used for the
profiling as this is considered a market
entry level)
Profit Margin
8 12%

Oman
24

10) Oil or Petrol Filters for Internal
Combustion Engines:

Definition
Oil filters are devices that block dirt and any
other impurities from going into the moving
parts of the engine, to prevent any damage.

The existing local manufacturer only serves a small part of the existing local market (approx.
300,000 filters out of total demand for 2.98 million per annum). This may be due to issues
relating to the perception of the quality of Oman-produced products. Anecdotal evidence
suggests that the local product is actually of a very high quality standard but the perception and
lack of licensing as an OEM manufacturer restricts local sales. The estimated production levels
for the profile are broadly equivalent to the local demand levels; it is unlikely that a new
manufacturer would simply satisfy the existing demand. However, there is significant demand
on which to develop a new business and once established the companys growth could develop
based on the significant market within the GCC, with demand in the GCC in 2008 at around 95.6
million units. The GCC is a net importer of oil and petrol filters and this demonstrates demand
within the regional market, which could be satisfied by an Omani supplier. The estimated value
of sales in this product profile represents just 0.7% to 3.2% of total demand in the GCC in 2010
and between 0.02% and 0.1% of global import market in 2010.

Size of Premises
1,500 - 3,000 M2
Number of Employees
50 100
10 15 million
Volume of Sales (#)
1.25 3.0 million units per year
Value of Sales ($)
1.25 6 million
$ 1 $ 2 per unit (although the pricing

ranges from around $0.5 to $500 depending
on vehicle, engine type and specification. A
lower range has been used for the profiling
as this is considered a market entry level)

Profit Margin
6 10%

Oman
25

11) Fuel Pumps, Lubricating Pumps or Cooling Pumps for Internal Combustion Engines:

Definition
The fuel pump is responsible for pumping the fuel from
the fuel tank to the engine and it delivers under low
pressure to the carburetor or under high pressure to the
fuel injection system. The cooling pump is a simple device
that pumps the coolant through the cooling system as long
as the engine is running.

The existing market for fuel pumps in Oman is very
significant at around 1.8 million units in 2010. This
presents a good opportunity to establish a manufacturer
on the grounds of meeting local demand based on the
scale estimated for this profile. There is also huge potential in the regional market as the
number of imported parts into the GCC under this codein 2010 was around 38 million.

The estimated value of sales in this product profile represents around 7% to 15% of net
imports in the GCC in 2010 (as there are no existing production facilities in the GCC demand can
be assumed to be imports minus exports which is $101 mil) and between 0.07% and 0.1% of
global import market in 2010).

Size of Premises
3,000 5,000 M
Number of Employees
100 150
10 15 million
Volume of Sales (#)
0.75 1.0 million
Value of Sales ($)
7.5 15 million
Pricing Structure
10 15 (ranges from 1 to 100)
Profit Margin
5 8%

Oman
26
6.0 Oman Automotive Projects

Oman has $164.7billion-worth of projects planned or underway across all sectors. Oman must
use capital spending to diversify its economy, both by expanding its downstream hydrocarbons
capabilities and non-oil-and-gas industries, and by connecting the country with transport and
logistics infrastructure schemes. Oman mega projects are the $20 billion Duqm New Town,
Development of the Khazzan and Makarem oil fields, The Oman National Railway, the $15
billion Duqm Refinery, The Wave housing development and the development of Sohars port
and free zone. With such ambitious mega projects, Oman is bound to be a global leader in
economic expansion and infrastructure transformation, proving to the rest of the world that
Oman is ready to attract heavy industrial investment.
In the progress of attracting auto industry investment Oman has made moves to invest in other
leading automotive manufacturers such as Iran Khodro Industrial Group (IKCO), and Italian
parts supplier Sigit SpA.

6.1 Oman Requests Iran Khodro IKCO to Establish Car Unit
Iran Khodro Industrial Group (IKCO), a leading Iranian vehicle manufacturer with headquarters
in Tehran, has been requested by Oman to establish a car production site through financing
provided by the sultanate. IKCOs managing director Hashem Yekee Zare met with the head of
Oman's Special Economic Zone Authority Duqm (SEZAD), Yahya Al-Jaberi, and during the
meeting referred to the longstanding Iran-Oman relations adding that the site can provide Iran
Khodro with access to markets in eastern and northern Africa. Yekee Zare further hoped that
the site could be established as soon as possible with the financial support of Oman's
Development Fund.

IKCO, which was founded in 1962 with the name of Iran National, has transformed into the
largest industrial group in Iran in the automotive sector, producing both passenger cars and
commercial vehicles with a workforce of around 58,000. IKCO has an asset of $6,240 million
and generated total revenue of $4,480 million in 2013, owns a large share of Iran's auto market
and is exporting its products to the international markets. Its products have been welcomed in
countries such as Russia, Belarus, Syria, Turkey, Iraq and Lebanon. In 2013, IKCO managed to
produce 370,000 units of different passenger cars. The company exported about 221,019 units
of passenger car between 2005 and 2014. Export of auto parts forms another part of IKCO's
major activities.

Oman
27

6.2 Oman Invests in Italian Car Parts Supplier Sigit SpA

The Oman government has bought a 40 per cent stake in Italian car parts supplier Sigit SpA as
part of its plan to develop a car manufacturing industry in the Sultanate. The move is part of
Omans plan to begin production of auto parts in the country within two years and then open a
car manufacturing plant in 2020. Sigit is a privately owned company that was set up in 1966.
Currently, it supplies thermoplastic and rubber components to some of the worlds biggest
carmakers, including General Motors and Fiat Chrysler Automobiles.

Sigit, which is headquartered in Chivasso, in the north of Italy, has nine manufacturing plants
around the world, including in Morocco, Serbia and Poland, while it reported sales of 72.5
million last year.

According to a local press report, the sovereign-wealth fund is already a 30 per cent equity
partner in Karwa Auto Motors, a joint venture between Oman and Qatar that will establish the
GCCs first bus assembly plant in Mudhaibi, in the Al Sharqiyah North Governorate. It is believed
this plant will have the capacity to assemble 2,000 buses a year for distribution in the GCC and
Middle East North Africa (MENA) region.

6.3 South Korean Firm Plans to Build Auto Spare Parts Project in Oman
South Korean multinational company is planning to build an automobile spare parts
manufacturing project in Sohar to produce aluminum automobile wheels, Daesik Kim, Koreas
ambassador to Oman said; Korean companies are realizing the importance of Oman as strategic
location. that Korean companies in the recent past were mostly engaged in oil exploration field
in Oman.
Now they have interest in the manufacturing sector as Posco, a Korean firm, has already tied up
with Sun Metal (a joint venture between Oman and Indian investors) for building a steel project
in Sur.
Kim also said that his country has close economic relations with Saudi Arabia and the United
Arab Emirates. In the case of UAE, Korea has a close tie-up in the healthcare sector. He said that
the Omani youth could get training in Korea in various fields. When Korea started its economic
development, the country depended on developed nations for know-how and transfer of
technology.
And now, he said, Korean firms are known for its world-class technology in several industries,
including shipbuilding, automobile, information technology and healthcare.

Oman
28

In general, there are many large developments in progress in Oman, from oil and gas, tourism,
ports, manufacturing, logistics, to ICT - all creating opportunities for end-users and businesses
wishing to relocate to the Sultanate. High quality and competitively priced industrial and office
space is available across Oman in superb industrial estates, free zones and ports. Indeed, land,
warehouse, manufacturing units and office accommodation is currently available in a wide
range of locations, including: Rusayl, Sohar, Al Buraimi, Nizwa, Raysut, Sur, the Port of Sohar,
Duqm Port, Salalah Free Zone, Al Mazunah Free Zone and Omans flagship technology park,
Knowledge Oasis Muscat.

7.0 Invest in Oman
Investment in Oman plays a major role in all developing economies; as it drives its dynamic
basics of growth, development, and structural changes. Despite the prevailing economic,
political and social circumstances at the Omani renaissance in 1970, the intensive programs on
investment during the last four decades along with His Majestys prudent guidelines, have been
able to transfer the modest oil revenues to a developed economic and social infrastructure,
essential for leading sustainable development.

In fact, the Sultanate has the infrastructure that encourage and facilitate the national and
foreign investment in Oman. Its geographical location that overlooks international and regional
sea-lanes along with the existence of Omani ports open new horizons for investment and free
trading. Moreover, the Sultanate is characterized by its stable economy, strong infrastructure,
and qualified human resources that guarantee the easiness of investment in Oman. Not to
mention the regulations issued to support this open economic direction and to encourage
foreign investments, which are gradually increasing by the Sultanate's engagement in
international organizations, international trading organization, and free trading agreement
with USA.

Oman
29

7.1 Where to Invest?

Oman offers investors various investment opportunities across its free zones, special economic
zone and industrial estates, each providing fully serviced areas with industry-specific clusters.
Free Trade Zones

Sohar
Free Zone
Salalah
Free Zone
Al Mazunah
Free Zone
Sohar Port & Free Zone

Industrial Zone

Special
Economic Zone
Duqm Special
Economic Zone
Industrial
Estates
Knowledge
Oasis Muscat
Advantages

Investors benefit from first movers advantages into relatively young zones
Attractive incentive packages including highly discounted land and utilities
One-stop-shop services
Incentives

Foreign Ownership
Corporate Tax
Customs Duties

Level of Omanization
Capital Investment
Income Tax
Repatriation of Capital

100% Foreign Ownership

10 year exemption of corporate tax
No customs duties on goods brought into
the free zone
Minimal Omanization requirements
No minimum capital investment or requirement
No tax on personal income
No restrictions on repatriation of capital, profits and investments

Oman
30

Salalah Port & Free Zone

Overview
18km2 free zone adjacent to Salalah port
Full operational infrastructure including deep water port, raw material transport line,
power generation and desalination
Offers space for manufacturing, warehousing, logistics, distribution, research and
development, office facilities, retail outlets, resort and residential developments
Top 5 Free Zone in the Middle East by fDI magazine
Inter-modal hub with sea, land, and air connections

Readiness for Business
First phase complete providing 200ha of distribution, logistics, freight forwarding and
manufacturing facilities
Second phase of 400ha, currently under construction, will focus on light and medium
industrial units
Investments expected to reach USD 5bn by 2015

Location
Southern coast of Oman on the Indian Ocean
Fastest transit times to Europe and Asia
32% lower than competing ports

Opportunities
Chemical and Material Processing
Manufacturing and Assembly
Logistics and Distribution
Agro-industry
Mining
Liquid bulk storage

Oman
31

Duqm Special Economic Zone (SEZ)

Overview
Halfway between Muscat and Salalah
Largest economic zone in MENA region
To be supported by multimodal transport system including airport, road and rail

Readiness for Business
First phase of the port will handle
containers, general, and bulk cargo
Duqm airport now operational

Integrated Zone with Sea Port
Fisheries

Zone
Mineral

Cluster
Industrial

Zone
Tourism

Zone
Abundant fisheries and marine resources

Ideal for fish processing and aquaculture
Dedicated fishery harbor
Abundant mineral deposits discovered around Duqm
Offers unique opportunities to mine, process and export
these minerals
Divided into industrial clusters:
Light and heavy industry
Major export refinery
Reserved area for hotels and resorts
Crowne Plaza Hotel already operational

Oman
32

Knowledge Oasis Muscat (KOM)

Overview
Opened in 2003, KOM is Omans flagship technology park with 81ha of land
Caters to knowledge-based businesses including budding entrepreneurs, small and
medium-sized enterprises and established multi-nationals
Over 35 hi-tech tenants from Europe, the US, Asia and the Middle East including HP,
Microsoft, WiPro
2 IT tertiary institutes with 1,000+ undergraduates
Currently expansion to provide 10,000m2 of office accommodation

Competitive Advantage
Close proximity to top technology corporations
Eco-friendly facilities and top-tier communication network
Runs The Knowledge Mine business incubator program
Offers a subsidized leases and utilities and various business support program services

Location
Located in Muscat, 10 minutes away from Muscat International Airport

Competitive Advantage
Call center and research
Back office support i.e. data recovery

Mobile commerce
E-Security
Software development
IT consultancy and services
Development activities by blue-chip firms
Knowledge-driven small and medium-sized enterprises

Oman
33

Other Industrial Estates and Zones in Oman

Al Mazunah
Free Zone
Located near Yemeni border
Key business areas include offices,
warehouses, small industries,
administrative, vehicles trade and
livestock

Rusayl Industrial
Estate
45 km from Muscat
Occupies 750 hectares
240ha fully developed and divided into
plots

Raysut Industrial
Estate
Located near Port Salalah
Covers 268 hectares
63ha already developed, serviced and
subdivided into plots ranging from 1,350
to 11,000m2

Smail Industrial
Estate
Located 45 km away from Muscat
International Airport
Occupies an area of 7.4mn m2
Over 130 investors have signed leases
since announced in 2010

Sur Industrial
Estate
Situated in Al Sharqia region

300 km from Muscat
Covers 3,610 hectares
Deep water harbor
Major tenants include Oman LNG,
National Gas Company and Oman India
Fertilizer Company

Nizwa Industrial
Estate
Located in Omans interior

180 km from Muscat
Covers 214 hectares
Contains 80 plots, ranging from 1,200 to
8,000 m2

Buraimi Industrial
Estate
Occupies 550 hectares

25 ha already occupied in plots
ranging from 500 to 6,000 m2
155 factories operating with further

Oman
34
8.0 Automobile Companies and Dealers in Oman

Shanfari Group

1. Harley-Davidson Muscat
2. Alfa Romeo
3. Lamborghini
Zawawi Trading Company LLC
1. Mercedes Benz
2. MAN

Al Jenaibi International Automobiles
LLC

OTE Automotive Business Group
(Oman Trading Establishment LLC)

1.
2.

1.
2.
3.
4.
5.
6.
7.

1.
Moosa Abdul Rahman Group

Suhail Bahwan Group

Oman
2.
3.
4.
5.
6.
7.

1.
2.
3.
4.
5.
6.
7.
8.
9.
BMW
MINI
Cadillac
Chevrolet
Chery
Hyundai
Isuzu
Subaru
SsangYong
GMC- ambulance - fire fighting -
freezer trucks- refuellers-
transporters- golf cart
Suzuki - motorcycles, automobiles
Kawasaki- heavy equipments
Formula 1 - auto care products
Reberlo- car refinishing products
Veedol -oil
Sprint- refinishing products
Nissan
Infiniti
Renault
BMW
Mini
Rolls Royce
New Holland Kobelco-
Iveco
Popular per-owned cars used cars
35

MHD LLC

Oman Marketing and Services Company
(OMASCO)

Saud Bahwan Group

1.
2.
3.
4.
5.
6.
7.
8.
9.

1.

Ashok Leyland truck and bus

Jaguar
Landover
Volvo
Luxgen
MG
BYD
CMC
JMC
HONDA CARS , Motorcycles
1. Toyota
2. Lexus
3. Ford
4. Daihatsu
5. Kia
6, Best cars
7. Yokohama tyres
8. Continental tyres
9. Batteries : PT GS , AuroraS,
Furukawa , Delkor
10. Lubricants: Elf, ENOC
11. Allied Products :
12. Vehicle Refinishing System
13. Marine Products
14. Heavy vehicles
15. MAN
16. Hino:
17. CONSTRUCTION EQUIPMENT:
18. Komatsu
19. CONCRETE, ROAD BUILDING &
QUARRYING EQUIPMENT
20. CIVIL DEFENCE & FIRE PROTECTION
21. Fire Tenders and vehicles:
22. SEAPORT EQUIPMENT
23. AIRPORT EQUIPMENT
24. INDUSTRIAL EQUIPMENT
25. Hertz Cars Rental
26. Arabian Car Marketing LLC
27. Lincoln


Oman
36

Zubair Automotive Group

Oman
1. Mitsubishi Motors
2. Fuso
3. Bentley
4. Audi
5. Volkswagen
6. Skoda
7. Peugeot
8. Citroen
9. Great Wall
10. Chrysler
11. Jeep
12. Dodge
13. Ram
14. Volvo Trucks
15. Renault Trucks
16. Bobcat
17. Hi-Force
18. Kennedy
19. Graco,
20. Ingersoll Rand
21. Ferrari crane
22. Ausa Dumpers
23. Case constructions,
24. Putzmeister
25. Liebherr
26. Yamaha Motorcycles
27. BRP (Sea-Doo, Evinrude and Can-am)
28. Segway
29. Fiat

Marketing these brands are a number of
different Zubair subsidiaries:

1. General Automotive Company,
Mitsubishi Motors
2. Wattayah Motors LLC
Audi
Volkswagen
Bentley
Sko
3. European Motors
Peugeot
4. Rumaila Motors
5. Dhofar Automotive
37

Towel Auto Center LLC

Alfardan Motors

Saeed United International Co L.L.C

Al Hashar & Co L

Oman
6. International Heavy Equipment

(IHE)
7. Interparts

1. Mazda
2. Zhengzhou Nissan
3. Higer bus
4. Navistar trucks
5. JAC trucks
6. Values cars used cars
7. Towel lease

1. MASERATI
2. FERRARI

1. Bugatti

1. TATA Motors
2. TATA Daewoo
3. UD Trucks
4. PROTON
5. Jinbei, Brilliance
6. Tailift
7. PM cranes
8. Tadano
9. DOOSAN
10. LUBRICANTS & BATTERIES
11. KOBA
12, PETROMIN LUBRICANTS
13. LIQUI MOLY
14. ATLANITIC LUBRICANTS
15. TUDOR
16. Tyres
17. FIRESTONE -JK TYRE
18. APOLLO
19. RADAR
20. SOLIDEAL
21. ODYKING
38
22. SONAR
23. GOLD PARTNER
24. Genuine Parts
25. BODY WORKSHOP
26. Service, Repairs & Maintenance
SATA LLC
1. Porsche Centre Oman

2. Scania- heavy trucks, buses,
coaches, industrial and marine
engines for long haulage,
construction, distribution- offer
sales, service, body shop and parts.
3. Deutz- engine manufacturer of
generators, cranes, shovels,
excavators, dumpers, conveyors,
cement mixers, air compressors etc.
4. ATLAS - wheel loaders
5. LiuGong - construction equipment
manufacturer
6. BPW Bergische Achsen -
manufacturer of running gear
systems for the commercial
vehicles industry
7. JOST - manufacturing of
components for commercial
vehicles
8. Edbro - manufacturer of hydraulic
tipping hoists
9. SATA is a leading spray gun
manufacturer
10. SATA Transport
Oman Bicycle (MIG Oman)


Oman
1. Trek bikes
2. Giant bicycles
3. Focus bikes
4. Surly bikes
5. Melon-helmets
6. Rubena
39
Sapphire Marine

Boats Manufacturing Company Ltd. (BMC)-
A member of Al Fairuz Group

Reliable Equipment & Parts Co. LLC

Risail Sports

Fair Trade Automotive Services

Al Saeedi Group


Oman

1. Commercial & Military Vessels
2. Leisure Boats
1. Classic Fiberglass Boats

Supplying quality equipment & spare
parts to the automotive and industrial
business

1. Austhai Marine ( boats)
2. Alshaalimarine ( boats)
3. Kayaks

1. Kawasaki (Motorcycles)
2. ATV
3. SIDE X SIDE
4. JET SKI

1. CAMOPLAST SOLIDEAL
(Pneumatic & Industrial Tyres)
2. TRIANGLE (Truck and OTR Tyres)
3. NEXEN - PCR, LTR & SUV Tyres
4. SAYAN - Truck and Bus Radial
Tyres
5. RADER VOGEL Polyurethane
Wheels
6. SCHRADER - Tyre repair & other
tyre related products
7. SICAM Garage Equipment
8. TYRFIL Polyurethane Tyre Filling
System

40

1. Batteries

Reem Batteries and Power Appliances
Co. SAOC
1. Parts and Accessories
Bosch
2. Car Service

Oman
41

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7-10

1.0 About Oman

2.0 Oman Automotive Sector Overview

3.0 Omans Automotive Market

3.1 GCC Automotive Market

3.2 Oman Economic Outlook

3.3 Oman Market Outlook

3.4 Oman Total Vehicle Sales

3.5 Oman Top Vehicles Sales by Manufacturer

4.0 Oman and GCC Automotive Trade

4.1 GCC Automotive Exports

4.2 Oman Automotive Exports

4.3 GCC Automotive Imports by Source Country

4.4 Oman Automotive Imports

4.5 Potential Opportunities of Omans Automotive Industry

5.0 Omans Plans to Become an Automotive Industrial Hub

5.1 Investment Opportunities in the Automotive Sector in Oman

6.0 Oman Automotive Projects

6.1 Oman Requests Iran Khodro IKCO to Establish Car Unit

7.0 Invest in Oman

7.1 Where To Invest?

8.0 Automobile Companies and Dealers in Oman

Automotive Market Report 2016

Automotive Market Report 2016

Oman Automotive Sector Overview

Automotive Market Report 2016

3.0 Omans Automotive Market

Total Vehicle Sales of total GCC as of H1 2014

Source: www.oica.net and focus2move.com

Automotive Market Report 2016

Oman Total Vehicle Sales as of H1

Automotive Market Report 2016

Automotive Market Report 2016

Source: www.bestsellingcarsblog.com and www.focus2move.com

Automotive Market Report 2016

4.0 Oman and GCC Automotive Trade

Who Gets GCC Automotive Exports 2014

4.2 Oman Automotive Exports

Automotive Market Report 2016

Automotive Market Report 2016

Automotive Market Report 2016

Source: International Trade Center (ITC), and Emirates NBD research

5.0 Omans Plans to Become an Automotive Industrial Hub

Automotive Market Report 2016

Automotive Market Report 2016

Volume of Sales (#)

150,000 200,000 units per annum

Value of Sales ($)

$25 $35 per unit

Automotive Market Report 2016

Volume of Sales (#)

1.5 2.5 mil

Value of Sales ($)

Pricing Structure ($)

Average of $5 $20 per unit (although the

Automotive Market Report 2016

Number of Employees 400 - 600

(US$) 125 150 million

(#) 350,000 500,000 units per annum

(US$) 100 - 120 per unit

0.7 0.8 million units per annum

Value of Sales ($)

$15 $20 per unit

Automotive Market Report 2016