Omran to develop Oman's first family water park
The ground-breaking project, which is set to be a premiere visitor destination, has been developed by six graduates of the NCP
Oman Tourism Development Company (Omran) has announced that it will facilitate the development of Oman’s first family waterpark in Muscat; a key project from the outset of the National CEO Programme (NCP).
The ground-breaking project, which is set to be a premiere visitor destination, has been developed by six graduates of the NCP - an initiative by the Public Private Partnership taskforce (Sharaka), under the patronage of the Diwan of Royal Court.
The all-Omani team consist of six c-suite executives; Aisha Al Kharusi, Eng Adnan Al Alawi, Dr Ali Mustafa Al Lawati, Badar Al Hashmi, Ali Al Lawati and including former Omran chief operating officer, Eng Ali Al Rasbi, who is now the CEO of a leading oil and gas company.
The team worked on the concept for a year - spending over 5,000 hours on the development of a detailed business plan that included extensive financial modelling and stakeholder research.
The findings supported the team’s outcome that the project can generate significant private investment and, on completion, will generate extremely profitable returns for shareholders.
HE Dr Ali Qassim Jawad Al Lawati, advisor for studies and research to the Diwan of Royal Court, chairman of the advisory committee to the NCP, said: “"I would like to congratulate the graduates from The National CEO Programme Cohort One team for their exceptional deliverable and commitment to the programme. Clearly, the outcome demonstrates their outstanding contribution to the tourism industry strategy by delivering a world class proposal."
James Wilson, CEO of Omran, said: “Omran’s mission is to seek and support projects of national significance that can help position Oman as a leading global visitor destination. We actively look to support develop and grow national capacities to develop and manage these projects, which is why we are fully committed to collaborating with the NCP. In addition, it is one of our key performance objectives to train and develop the future executive leaders in Omran.
“Based on extensive market research carried out by the NCP team it is clear that there is significant interest from the younger generation in Oman and as is the case at other successful water parks in our neighbouring countries it is a significant driver of family based hotel occupancy.
People across Oman have been waiting for a family entertainment development such as this and we are delighted that Omran has worked closely with the NCP team.”
“The project will be developed and financed in partnership with the private sector. There has been a significant interest by local investors to take part in the project and we are now in discussions with a number of local investors for the Water Park and we look forward to providing more detailed information over the coming weeks. We are confident that this world-class development will further enhance Oman’s position as a leading global visitor destination,” he concluded.