Transcript Ernst & Young - Investment Opportunities in Real Estate and Tourism

Panel V: Investment Opportunities
in Real Estate and Tourism
14 April 2008
Drivers for Real Estate Market in Oman
Residential
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Commercial
Demographic demand drivers
Shortage of quality properties
Increasing levels of income
Increasing rentals
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Retail
Tourism
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Increasing Private Investment and Foreign
Direct Investment
Increasing number of registered enterprises
Increasing returns on commercial property
Shortage of quality properties
Increasing role of tourism in the
economy
Successful launch of ITC projects (4
launched and many more expected)
Significant demand for hotel rooms
(highest growth in RevPar for past 2
years)
Presentation title
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Shortage of quality properties
Estimated supply of additional 200,000 square
meters till 2010
High per capita annual spending of local
population increasing focus on development of
retail space
Tourism Attraction
Tourism Action Plan
Vision
Action Plan
Six Priority
Development Region
Integrated Marketing
Culture &
Tradition
Development Initiatives
 Infrastructure Development
 Investment Attraction
 Private Sector Role and
Participation
 Human Resource Development
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Presentation title
 Muscat
 Al-Batina
 Dhofar
 Al-Sharqia
 Musandam
 Al-Wusta
Announced Projects
Projects
Developers
Location
Al Aqeer Resort
Shinas, Batinah
The Wave
Abdul Nasser Al Qayat
Majid Al Futtaim Inv, Gov Of
Oman
Journey Of Light
Alfa International Holdings
10 Km North Of Muscat
Al Alargan Resort
Al Argan International
Seeb , Muscat
Al Inshirah Tourism Centre
Al Qurum Tourism And
Commercial Centre
Omran
Muttrah ,Muscat
Orascom And Omran
Qurum, Muscat
Al Sauda Boutique Hotel
Orascom And Omran
Dhofar
Bandar Al-khairan
Blue City
Ziggi Bay
Al- Khairan Company
Al Sawadi Inv And Tourism
Al Marsa Company
Bandar Khairan, Muscat
Al Sawadi
Dibba, Musandam
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Presentation title
West of Muscat
Announced Projects
Projects
Developers
Location
Convention centre
Omran
Radiance ,Transmit
Nanyang
Orascom & Omran
Dhofar Tourism Company
H H Sayyid Talal bin Tarik Al
Said
H H Sayyid kais bin Tarik Al
Said
Qatari Diar Real estate Inv
Group
Muriya Tourism
Development
Sama Dubai & Omran
Seeb
Sama Dubai & Omran
Majid al futtaim Inv, Yenkit
Tourism Development LLC
Yitti ,Muscat
Green Acres
Jebel Sifah
Mibrat Tourism Village
Muscat Hills
Ras al Hadd Resort
Salalah Resort
Shinas Resort
Salam Resort and Spa-Yitti
Yenkit
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Presentation title
Muscat
Sifah , Muscat
Mibrat ,Salalah
Seeb, Muscat
Ras Al Hadd, Sur
Salalah
Shinas, Batinah
Yenkit, Muscat