Overview of Tourism Projects in Oman. Oman Business and Investment Summit 2011

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1 Overview of Tourism Projects in Oman Oman Business and Investment Summit 2011

2 About Omran Who we are What we do How we work Why we do it

3 Who we are Omran is Oman s leading tourism-related investment, development and management company Established and owned by the Government, the company aims to create memorable destinations and experiences, which deliver long-term benefits to local communities and the national economy, working in harmony with Oman s environment and natural resources Omran has more than 10 projects under development or in operation, including some of Oman s most high-profile developments - a portfolio of almost USD$ 10 billion 3

4 What we do We play an important role in Oman s long-term vision for its tourism sector, creating businesses that will benefit local communities and the national economy We work across three business streams: Development Investment Hospitality Assets Management 4

5 How we work We care for our country and its natural resources. In all of our projects, we aim to nurture our environment, protect our heritage and work in harmony with our local communities We take great care to ensure we minimise impact on the landscape and that we act to protect local wildlife At each of our projects, our community engagement initiatives seek to ensure long-term employment for locals, during both construction and operation phases 5

6 Why we do it Tourism is a priority growth sector for the Omani economy. In 2009 it contributed 2.9% of GDP. By 2019, this is estimated to reach 9.9% of GDP Our projects will therefore help to create: Direct and indirect employment Income through foreign exchange Leisure and entertainment for local residents 6

7 Key Projects Developments Investments Hospitality Assets Management

8 Developments We are the company behind many of Oman s major new tourism assets and projects under development Oman Exhibition and Convention Centre Fort Hotel Al Jabal Al Akhdar Hotel Duqm Crowne Plaza City hotels Khasab Hotel Millennium Resort - Mussanah 8

9 2nd Asian Beach Games site Project information Olympic-standard Millennium Resort, hotel apartments and marina Opportunity to showcase Oman to the world more than 5,000 visitors were present More than12,000,000 man-hours without a lost-time incident Project status Completed November

10 2 nd Asian Beach Games Site

11 Oman Convention & Exhibition Centre Project information Opens Oman to a whole new industry MICE business travellers OCEC auditorium 3,000 seating capacity OCEC exhibition halls cater to 10,000 Site contains Four hotels 85,000 square metre business park Mega shopping mall Water and energy efficient (green building) Project status Construction underway (package 1: Site Preparation and Enabling Works) Received tenders for designing the 4- star hotel Signed the final Operating Agreement with a world class operator Appointed operator for the 5-star hotel OCEC\Oman Convention And Exhibition Centre.wmv 11

12 Oman Convention and Exhibition Centre

13 Al Jabal Al Akhdar Hotel Project information A 5-star resort hotel (78 rooms), and 6 suites 2 Royal Villas Additional facilities: fitness centre, spa, swimming pool, business centre Located in the picturesque Jabal Al Akhdar region of the Hajar mountains 2,000-metre altitude ensures a perfect climate throughout the whole year Project status Master Plan and final design completed Final drawings to Tender Board for floating end of April Appointed the hotel operator Construction to begin 2011 Hotel to open in Q

14 Al Jabal Al Akhdar Hotel

15 City hotels Project information The project will replace the existing Intercontinental Hotel Muscat 5-star business hotel (250 rooms) 5-star resort hotel (250 rooms) Extended-stay hotel (100 rooms) Catering to the increasing numbers of business and tourist visitors 14 hectare beachfront plot, central to Diplomatic area, close proximity to Royal Opera House Project status Master Plan complete & approved A separate package for infrastructure is being prepared for tendering by the end of the year Appointed main consultant, and architectural and engineering consultant. Appointed the hotels operator Completion date: 1 st phase by Q3 2013, 2 nd phase by Q

16 Muscat City Hotels

17 Duqm Crowne Plaza Project information 4-star business hotel & conference centre (200 deluxe rooms) Suites: 11 executive suites, 6 family suites, 1 royal suite A 10 hectare plot located in south west Oman, 8 km from Duqm town and the planned Duqm Port & Dry Dock Large business centre with meeting and conference facilities Operated by InterContinental Hotels Group as a Crowne Plaza hotel Project status Under construction Completion date: Q

18 Duqm Crowne Palza

19 Khasab Hotel Project information Located in the Musandam Peninsula 3-star resort hotel (80 rooms & 30 suites) Other facilities include: All day restaurant Retail outlet Recreation facilities including lounge, swimming pool, health club, and kids club Diving centre Project status Master Plan and design completed Appointed main consultant Construction tenders have been issued Construction to begin 2011 Hotel to open in Q

20 Khasab Hotel

21 The Fort Hotel Project information A 5-star hotel and conference centre (90 rooms) Suites: 27 executive suites, 3 deluxe suites and 1 royal suite Unique location, overlooking Muscat from Busher Heights Design based on Oman s traditional forts Project status Design works completed Appointed main consultant Excavation Package issued for floating Construction to kick off by end of 2011 Completion date: Q

22 The Fort Hotel

23 Investments As Oman s leading development, investment and management company, created and supported by the Government, we are the first stop for potential investors Omran is working on more than 20 joint venture projects, with partners from around the world. Our partners include Orascom, Saraya and Dewoo Our investments include ITC projects at Jebel Sifah, Salalah Beach, As Sodah Island, Duqm Frontier Town and Saraya Bandar Jissah, amongst others 23

24 JV Projects Update Jebel Sifah (by Muriya of Orascom) Marina construction is complete Phase one to be completed and delivered by Q Salalah Beach (by Muriya of Orascom) Marina Construction is complete Rotana Hotel construction started Phase one to be completed and delivered by 2011 As Sodah Island (by Muriya of Orascom) Phase one to be completed in 2011 The project contains 28 Chalets Ras Al Hadd (by Qatari Diyar) Development Agreement to be signed soon The project contains: two Hotels, 295 Villas, Marina, Gym, Restaurants, and other entertainment facilities Duqum Residential City (by Dewoo) Phase one of 344 units to be completed by Aug 2012 Saraya Bandar Jissah (by Saraya Group) Development Agreement is signed The project to be completed by

25 Jebel Sifah

26 Salalah Beach

27 Saraya Bandar Jissah

28 Hospitality Assets Management We oversee the management of many hotels, resorts and tourism assets Some of these are owned by Omran and some we manage on behalf of others We ensure each delivers a fair return and will contribute to the long-term success of tourism in Oman 28

29 Our Hospitality Assets The properties owned, managed or supervised by Omran include: InterContinental Muscat Swiss-Belhotel, Masirah Island Al Bustan Palace Hotel Golden Tulip Khasab Golden Tulip Resort Dibba Swiss-Belhotel, Masirah Island Oman Dive Centre Ras Al Jinz Scientific Centre 29

30 Intercontinental Hotel, Muscat

31 Golden Tulip Hotel, Muscat

32 Al Bustan Palace Hotel, Muscat

33 omran.om Thank You

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