Feb. 5, 2012
-- Danube Building Materials, a leader in construction, building materials and shop fitting industries, has announced the opening of their 4th new showroom in Muscat, Oman, as part of its continuing move to create stronger market presence and help address the demands of the country’s emerging property market. The new showroom was inaugurated by Akbar Mustafa Abdul Reda Sultan, Managing Director, Mustafa Sultan Enterprises in the presence of Danube Founder & Chairman Mr. Rizwan Sajan along with other senior officials of Danube Group. The leading company’s ongoing expansion initiative complements a recent report from Ventures, a leading international business research and intelligence firm, showing that Oman’s construction industry is expected to key in spends of over USD 27 billion by 2014.
Conveniently located along Ruwi’s Honda Road wholesale and retail section for building materials, the new Danube showroom measures at around 45,000 square feet, the newly opened branch showcases the latest collection of luxury sanitaryware, Ceramic tiles, chandeliers, Wallpapers, Lawn & Garden accessories, hardware, home decor & range of other building materials.
“We would like to extend our congratulations to the Danube group on the opening of their new showroom in Muscat,” said Akbar Mustafa Abdul Reda Sultan, Managing Director, Mustafa Sultan Enterprises. “Danube’s reputation as one of the region’s premier provider of building materials and home products will surely add merit to the many construction projects that are happening in the country today. Developers and even home owners will find confidence in the assurance that products coming from Danube are of world class standards and quality.”
The Ventures report states that mixed use, airports and hotel buildings are the three most active sectors in the Sultanate of Oman, with mixed use making up 30 per cent of the total budgets. Oman’s construction industry is forecasted to grow at a compounded annual growth rate (CAGR) of 5.8 per cent starting from 2010 to 2014, with the government being projected to spend around USD 10 billion on construction and infrastructure, which are to be completed by 2015.
“Oman’s construction and building segment is strongly emerging as one of the most active in the region, which is ably demonstrated in the presence of major projects across the Sultanate. Aiming to become a major part of this development, we are currently implementing a strategic expansion initiative that will not only consolidate our market presence in the country but also position us as a key provider of world class high quality building materials and home interior products for the Middle East in general and Oman in particular,”
concluded Rizwan Sajan, Founder and Chairman, Danube.
About Danube Building Materials FZCO
Established in 1993, Danube Building Materials FZCO provides more than 25,000 products in stock and in-house value added services in all of its multiple set of showrooms across the Middle East region and India. The company operates from its head offices in JAFZA with logistics facilities across the region which amounts to 5 million sq feet and includes kiln drying facility, factory and warehouses of the group. From a small trading firm, Danube has grown into one of the largest building materials company in the region, with its diversified branches worldwide including UAE, Oman, Bahrain, Saudi Arabia, Qatar and India, in addition to a procurement office in China. Danube has a team of 1,300 plus people working across strategic locations in across the Emirates. The company has been and is currently involved in major projects across the UAE, Oman and Bahrain, including Emirates Hills, the Burj Al Arab, Shangri-La Hotel, Grand Hyatt, Motor City, Burj Dubai, Dubai Airport Terminal 3, Yas Island, Reem Island, Saadiyat Island, and Al Raha Beach Hotel, among others.