16 - 17 April, 2012, Grand Hyatt Muscat, Oman
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Affordable Housing Middle East Report by Jones Lang LaSalle
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Enshaat Construction and Building Materials Mfg. LLC (ECBMM)
Enshaat Construction and Building Materials Mfg. LLC (ECBMM) takes the pride in being one of the system driven Contracting and Manufacturing firms in the Sultanate of Oman, having achieved remarkable growth within two years of start and contributing significantly to the residential development of Oman. The company attained the pre eminence in the field of construction and manufacturing through its core competence of competitiveness and on time delivery with the highest quality standards and unrivalled safety performance. We have the rich tradition of serving our valued customers to their utmost satisfaction through efficient management and excellent workmanship, which we will continue to maintain with untiring efforts of our team.
In the era of advanced technologies and new techniques, we continuously strive for innovation and enhanced efficiency. ENSHAAT has a manufacturing division producing eco-friendly modular components such as Insulated Wall and Floor Panels, Steel Mesh, Structural Columns and Beams and Gypsum Blocks. The Eco friendly fast track construction methodology strictly follows BS codes and is based on LEED® principles.
Enshaat is the preferred choice of many clients including OMRAN because of reliability and commitment to quality, time and safety.
As we look to the years ahead we renew our pledge to remain committed to excellence, keeping abreast of changes and innovation, adopting better management and construction techniques and successfully overcoming all challenges before us
Starting with their first plant in Ghala in 1999, Berger Paints is the fastest growing player in the coatings business in Oman. Berger is the only international brand in Oman which caters to all segments of the market- Retail, Projects, Joineries and Protective Coatings. Besides the Omani market, the company also exports to Bahrain and UAE and acts as a regional R&D hub for the group companies in MENA.
Some key achievements for the company include the launch of Oman’s first GS 11 compliant, lead free interior emulsion range, dominance of the wood finishes market, key projects like Muriya, RADIC, various ministries and ROP.
MESA IMALAT (MESA FORMWORK) was founded in 1978 as a member of MESA GROUP OF COMPANIES in Ankara. Its initial objective was to design and manufacture tunnel formwork systems. After a short time however, MESA IMALAT extended its product range to include all other types of hi-tech formwork and scaffolding systems. Today, with 30,000m2 facilities located on a spacious 105,000m2 lot, MESA IMALAT manufactures high-quality products employing the latest technologies under the guidance of BVQI-UKAS inspection and with ISO 9001 certification.
Since its inception, MESA İMALAT gained a significant market share both in domestic and worldwide construction markets by offering a wide range of products with an annual production capacity of 150,000 m2 of steel formwork systems, 300,000 m2 of plywood formwork systems, and 1.000,000 m3 of slab formwork and scaffolding systems. MESA Formwork Systems has reached almost 40 countries benefitting hundreds of prestigious superstructure and infrastructure construction projects.
MESA İMALAT employs its strong engineering skills and years of experience in an innovative fashion to upgrade products using state-of-the-art manufacturing technologies. By offering unlimited technical support and after-sales services for its worldwide-approved and certified high-quality products, MESA IMALATdistinguishes itself as a company that serves the construction industry with confidence, taking pride in its commitment tocustomer satisfaction and lasting product quality.
ALARGAN International Real Estate Company (Kuwait) is a leading real estate developer specialized in affordable housing with an operating capital of over US$ 95 million. Established in 1994, ALARGAN is a pioneer in quality residential and commercial developments and has grown into a publicly listed company on the Kuwait stock exchange with approximately US$ 2.4 billion in assets under its management. As a result of its excellent track record and success, ALARGAN began to expand into other countries in 2003 and currently has fully operating affiliates in the Sultanate of Oman, the Kingdom of Saudi Arabia and the Kingdom of Bahrain. The Company has earned numerous awards and recognition for its projects and has also established development offices in the United Kingdom, Egypt and Lebanon.
In 2003, ALARGAN TOWELL Investment Company was established as a strategic alliance between ALARGAN International Real Estate Company (Kuwait) and W.J Towell. The Company strives to provide the Omani society with innovative, affordable housing with a concentration on the middle-income segment. Since its inception, ALARGAN TOWELL has expanded to encompass leisure and mixed-use developments to take advantage of the immense opportunities in the Sultanate of Oman. Following the success and record sales of the Company’s initial two projects, Al Mowaleh and Al Hail Homes, ALARGAN TOWELL is currently developing Qurm Gardens. Qurm Gardens is a mixed-use development which has already received recognition and was awarded the “CNBC Arabian Award” for Best Architecture in 2007 and won again for “Best Development” in 2009 by the CNBC Arabian Property Awards as well. In 2010, the Company commenced the development of Beyout AlFaye in the AlKhoudh area, Muscat. In addition to the Qurm Gardens project, ALARGAN TOWELL Investment Company has been awarded for other projects over the years for its excellence in real estate. These awards include the 2005 Euromoney Award for the “Best Housing Developer” in Oman, the Islamic Real Estate Finance Middle East (IREF ME) Award for “Excellence in Real Estate” in 2006 and the 2008 International Real Estate Finance Summit (IREF) Award for “Best Real Estate Developer” in Oman. More recently, the Cityscape Architecture Emerging Markets Award in the “Leisure Future” category was won for The Oberoi Resort at Al Khiran in the Sultanate of Oman.
Al Shams – Tiles with imagination from Al Anwar Ceramics
Al Anwar Ceramic Tiles Company SAOG enjoys the rare distinction of being the first manufacturer of ceramic tiles in the Sultanate of Oman. Established in 1998 with the start of its first manufacturing facility at Nizwa, the company markets its range of glazed wall and floor tiles under the brand name ‘Al Shams’.
The Nizwa plant uses machinery and technical know-how of leading Italian companies. Locally available raw materials, with frits, glazes and pigments imported from leading manufacturers in Italy and Spain are used for production. A second line with a production capacity of 3 million sq. m. per annum was introduced in 2004. Continuing with its trend of consistent growth, Al Anwar introduced its third production line in the year 2010 taking the total production capacity to more than 10 million square meters of tiles per annum. The fourth line is under commissioning and is expected to start production during March 2012.
Arguably Al Anwar Ceramic Tiles Co. has the largest Third Firing unit of its kind in the region producing listelloes, decors and skirtings. The addition of the latest Third Firing facility has started producing newer products like pencils and moulded borders.
At Al Anwar, strict quality control measures are in place to ensure every Al Shams tile is crafted to perfection. An ISO 9001:2000 certification in 2006 was recognition of the fact. Quality coupled with an efficient dealer network has made Al Shams the largest selling ceramic tile brand in Oman.
An unmatched collection of wall and floor tiles with coordinated borders and decors awaits you at Al Shams. The wall tiles are available in the size of 25”x33” and “25X40” with matching floor in the size of 33”x33”. Floor tiles are also available in the sizes of “45X45” and “50X50” The tiles are available in different shades and designs to suit your taste.
Al Maha Ceramics Co. SAOC was set up in 2006 with a vision to provide quality ceramic tiles with world class design ingrained in every tile. Located at the Sohar Industrial area over a sprawling 150,000 sq. mts, Al Maha Ceramics today is one of the largest ceramic tile producing companies in Oman.
‘Every tile is a masterpiece’ is more than a brand promise. It is what we strive for, the perfection in design and quality par excellence.
It starts right from the procurement of raw material and continues till after delivery of our finished products to ensure that only highest quality ceramic tiles are available to our customers. This is attained by systematic quality assurance procedures at every level of our operation.
Al Maha Ceramics Co. SAOC prides in a fully automated Italian plant aided by Laser Guided Vehicles. The plant uses most superior quality European raw materials for production.
The range of tiles includes glazed wall, floor tiles, border & highlighter tiles in a variety of designs and shades to suit every decor.
The designs are specially imported from Spain and Italy keeping in trend with the market demand for International designs.
Every Al Maha tile is distinguished by the tile body strength and low moisture absorbing tendency.
The production unit is fully digitized ensuring every process follows highest level of precision.
Starting from Oman in a very short span of time Al Maha Ceramics Co. made its presence felt across GCC. Today it export to UAE, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa & South Asia.
Ernst & Young
Ernst & Young is one of the top four professional services firms in the world. We support clients across all industry sectors through a network of 141,000 practitioners in 700 locations worldwide. Ernst & Young provides a range of services including accounting and auditing; tax reporting; operations and advisory; business risk services; technology and security risk services; transaction advisory and human capital services. Ernst & Young have over 4,200 professionals in the MENA region and we are represented in 20 offices in 15 Countries. We are the largest professional services firm in the MENA region and are twice the size as our nearest competitor.
We have a network of around 300 specialists around the world focusing on large scale infrastructure and PPP projects. Our MENA Infrastructure & PPP Advisory Team consists of 22 dedicated professional staff and covers a geographical spread including United Arab Emirates, Kuwait, Egypt, Saudi Arabia, Jordan and Oman.
We are recognized as market leaders in this sector and we advise clients across a number of sectors including, transportation, social infrastructure ( including housing, education and health), power and renewable energy, defense, water and waste water and secondary market transactions ( disposal, refinancing and valuations).
Oman Arab Bank
OAB was established on 1st October 1984 as a joint stock company, following the acquisition of branches of the Arab Bank Ltd., Jordan operating in the Sultanate since 1973. In 1992, OAB’s operations expanding Oman through the acquisition of all branches of the Omani European Bank, which was merged in 1994. OAB’s principal shareholders are OMINVEST (51%), a local investment company, and Arab Bank (49%). OAB’s board comprises of seven members including four members representing OMINVEST and three members representing Arab Bank.
The increasing competition in the banking sector is creating many challenges for the banks in the Sultanate. In order to meet the challenges, the banks need to ensure that the business is based on a high level of integrity, improve customer service and offer new products to meet customer requirements. Banks should also focus on enhancing the skill of its employees and maintain quality. Since inception, OAB has been committed to these principles and was successful in maintaining the high quality of its assets. OAB has participated in all major infrastructural development and industrial projects in Oman. The Bank provides a wide range of banking products and services to its corporate and retail clients including Mortgage Loans, Banc assurance and online services.
Oman Ceramics Co. SAOG
1. Background Information: Oman Ceramics Co. SAOG was formed in the year 1999 with a view to produce high quality sanitaryware for servicing the markets in Europe as well as the Middle –East region. The project was set up at a cost of RO 5.74 Millions and the original plant capacity was 360,000 pieces which has now been expanded to 600,000 pieces p.a.
2. Factory Location: The factory is strategically located in Sohar Industrial Estate (in Oman) which falls on the Dubai-Muscat highway. Sohar Port in 6 Km away from the factory.
3. Plant & Machinery: The plant and machinery are mostly from the UK and are procured from highly reputed manufacturers in the Ceramic Industry. The Kilns that are supplied by Bricesco of UK run on natural gas. A pressure-casting machine for high volume production of washbasins and pedestals is also installed.
4. Process Knowhow and Training: The initial process know-how was given by a reputed UK Company and experienced British Ceramic Industry personnel trained all the supervisors and workmen for a period of one year.
5. Company Management: The Company is headed by a professionally qualified and experienced CEO who reports to the Board of Directors. A team of qualified and experienced managers specializing in marketing, manufacturing, finance and administration assists the CEO.
6. Manpower: The company presently has 300 employees on its rolls. All employees are well qualified and experienced in their field.
7. Products: The Company manufactures the full range of sanitaryware i.e. water closets, cisterns, washbasins, full and half pedestals, bidets and accessories in different models and colors. A range of back-to-wall WCs and matching semi recess basins, freestanding basins, vanity basins etc. are also manufactured. The Company at present has more than 30 variety of suites from which customer can choose.
8. Marketing: The Company’s products are sold in its own brand name “Wave” in the Sultanate of Oman, United Arab Emirates, Saudi Arabia, Kuwait, Jordan, Qatar, Bahrain, Syria and Srilanka. In a brand survey done recently in Oman for 130 brands across all categories the “Wave” brand of Oman Ceramics Co. SAOG was rated as the No. 1 brand in Ceramics category and No 20 among all product categories. Thus the brand “Wave “ has a tremendous value in the Oman markets.
Almost 15% of the sales are exported to UK. These exports are unbranded and are sold to the end customer under the brand name of the importer.
9. Product Quality and Approvals: The Company’s products have been tested and evaluated by CERAM Research of UK. The Company also has ISO:9000 certification. The Company has recently been certified by KIWA of Netherlands for marking its products with KIWA marking. The Company’s products are also certified by independent test bodies such as SASO (Saudi Arabian Standards Organization) & Exova.
10. Future Business Plans: The Company wishes to exploit its strength as listed below to grow its business further in all the markets that it is operating in.
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