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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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