Omran Group to invest US 3 billion over the next 5 years

Oman convention & exhibition center
Oman convention & exhibition center

Omran Group to invest $3 billion in tourism projects over next 5 years

Muscat: “Omran Group” indicated that it is about to invest 3 billion US dollars during the next five years through the implementation of a number of strategic tourism projects, in line with the objectives of the “Oman 2040” vision.

Dr. Hashel bin Obaid Al Mahrouqi, CEO of Omran Group, said: This comes as a continuation of the group’s tireless efforts to develop the infrastructure of the tourism sector by developing sustainable tourism destinations and assets to contribute to achieving economic growth and diversifying sources of income.

He added that the group’s success is represented in attracting approximately two billion US dollars in foreign investments to finance the most important strategic tourism projects, stressing the importance of the role played by the National Travel Operator’s platform to promote local tourism products and experiences and link them to the targeted markets to enhance the growth of inbound tourism.

The CEO of Omran Group valued the group’s participation in the Berlin Travel and Tourism Exchange 2024; With the aim of promoting the group’s current and future projects and available investment opportunities, in addition to contributing to highlighting the tourism components of the Sultanate of Oman and attracting more tourists and investors, pointing to an increase in the number of tourists during the year 2023 by 38 percent.

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