Omran announces US$1bn worth investment opportunities

TD Guest Writer

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Oman looks at an infrastructure boost
Oman looks at an infrastructure boost

As the Sultanate forges ahead with plans for economic diversification, Omran has taken the lead in the country’s tourism and real estate infrastructure, developing hotels, beach resorts, waterfronts and master planned communities.

In order to highlight key investment opportunities for local and international business community, the authority will be holding an Oman Economic Forum. The event will be held on 23-24 March 2016 aptly titled ‘Oman — A Bridge Between Asia and the GCC’.

The event is being organised by Ministry of Commerce and Industry and Al-Iktissad Wal-Aamal Group in cooperation with State General Reserve Fund.

Omran will present to 500 regional and international investors, in addition to delegates from 100 global sovereign investment funds in the co-investment roundtable of Sovereign and Pension Funds (CROSAPF). There will also be delegations from China, Japan, Iran, Turkey and other Asian countries.

Omran is set to identify specific investment opportunities within the US$800 million investment Omran is making into its upcoming landmark development — Madinat Al Irfan Urban City located next to Muscat International Airport. Investment opportunities offered will include commercial and office buildings, retail malls, district cooling plants, hotel plots, recreational and civic facilities along with residential and hotel developments.

Klook.com

EXPERT OPINION

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