Omran Company
Oman Tourism Development Company (OMRAN) 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, they are the master developers of major tourism, heritage and urban developments. 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. Subsidiaries. In 2014 three new OMRAN subsidiary companies were established to accommodate Omran's new operating mandate. Developments. Several developments have been recently completed or are under way: 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: 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. 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. Corporate Social Responsibility (CSR). Omran's CSR Initiatives include: