Omran Company

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Oman Tourism Development Company (OMRAN) [1] is a Government owned company mandated to drive the investment, growth and development of the tourism sector in the Sultanate of Oman. Established in 2005, [2] they are the master developers of major tourism, heritage and urban developments.

Contents

History

Omran was established to support Oman's emerging tourism sector, with a directive to take over the development of the tourism infrastructure in the Sultanate of Oman. The first project completed by OMRAN was the Millennium Resort Mussanah, formerly the site of the Second Asian Beach Games in 2010.

In 2014, OMRAN's mandate was broadened and the company underwent restructuring. Omran was handed all responsibility for tourism infrastructure development, leaving the Ministry of Tourism with a regulatory role. The company is now responsible for mega-developments including large mixed use projects.

Developments, Assets and Joint Ventures

Partners / JVs

Subsidiaries

In 2014 three new OMRAN subsidiary companies were established to accommodate Omran's new operating mandate. [5]

Developments

Several developments have been recently completed or are under way: [7]

Assets

In addition to its projects and investments, Omran is also responsible for a portfolio of hotels‚ resorts and tourism assets under various levels of supervision and management. Some of these are owned by Omran while some are managed on behalf of others.

There are currently 10 properties in Omran's Asset Management portfolio including: [16] [17]

Joint Ventures

Corporate Responsibility

Environment

In March 2014 Omran asset Alila Jabal Akhdar became the first development in Oman to be awarded with the Leadership in Energy & Environmental Design (LEED) certification for green building. [42]

Local Development Policy

Omran's Local Development Policy (LDP) was established in 2012 to ensure that the company's contracting, procurement and supply-chain processes favour Omani businesses and suppliers. [43]

Corporate Social Responsibility (CSR)

Omran's CSR Initiatives include:

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References

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  2. "Going Places" . Retrieved 23 April 2015.
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  14. "Projects underline Omran's priorities". 1 February 2014. Archived from the original on 9 February 2014. Retrieved 23 April 2015.
  15. "First rest area of nationwide project to open by year-end". Muscat Daily. 11 July 2015. Archived from the original on 27 November 2016.
  16. "Assets". Archived from the original on 21 April 2015. Retrieved 23 April 2015.
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  18. "Jabal Akhdar" . Retrieved 23 April 2015.
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  35. "Partners" . Retrieved 23 April 2015.
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  37. "Duqm Frontier Town launched". 26 April 2014. Archived from the original on 28 April 2014. Retrieved 23 April 2015.
  38. "Current". Archived from the original on 8 February 2015. Retrieved 23 April 2015.
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  41. "Saraya Bandar Jissah's Zaha residences released for sale". 10 September 2014. Retrieved 23 April 2015.
  42. "Alila Jabal Akhdar gets LEED Silver certification". 5 March 2015. Retrieved 23 April 2015.
  43. "Local Investment Development" . Retrieved 23 April 2015.
  44. "Intajee programme awarded 'CSR Initiative of the Year". 24 December 2012. Retrieved 23 April 2015.
  45. "OMAN 'ZAREE' PROJECT COMPLETES SUCCESSFUL YEAR". 26 December 2013. Retrieved 23 April 2015.
  46. "Omran organizes advanced coral reef protection course for Oman ministry of environment employees". 13 November 2014. Retrieved 23 April 2015.