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Panel V: 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 Demographic demand drivers Shortage of quality properties Increasing levels of income Increasing rentals. Commercial

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Panel V: Investment Opportunities in Real Estate and Tourism

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  1. Panel V: Investment Opportunities in Real Estate and Tourism 14 April 2008

  2. Drivers for Real Estate Market in Oman • Residential • Demographic demand drivers • Shortage of quality properties • Increasing levels of income • Increasing rentals • Commercial • Increasing Private Investment and Foreign Direct Investment • Increasing number of registered enterprises • Increasing returns on commercial property • Shortage of quality properties • Retail • 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 • 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)

  3. Tourism Attraction Tourism Action Plan Action Plan Vision Six Priority Development Region • Muscat • Al-Batina • Dhofar • Al-Sharqia • Musandam • Al-Wusta • Integrated Marketing • Development Initiatives Culture & Tradition • Infrastructure Development • Investment Attraction • Private Sector Role and Participation • Human Resource Development

  4. Announced Projects

  5. Announced Projects

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