Orascom Development is a leading developer of integrated towns with a strong foothold in Egypt and the Middle East. With the alpine Andermatt project in Switzerland, we have expanded our activity outside this region and into Central Europe. Our primary business is to develop, construct and manage tourist destinations with several projects at different stages of completion across eight jurisdictions. The foundation of our growth has been the investment in our personnel, bringing dynamic, creative, dedicated, highly educated and ambitious individuals on board to carry the business forward. With demographics consisting of both genders, different nationalities, and various age groups, Orascom Development's employees are a true reflection of its global presence.
Orascom Development Egypt (ODE) a subsidiary of Orascom Development Holding (ODH) is an integrated developer of resort towns in Egypt. ODE currently owns a land bank of 49.1 million sqm distributed over four Destinations; ElGouna on the Red Sea Coast, Taba Heights in the Sinai Peninsula and Makadi Heights in the Red Sea district, and Byoum in Al Fayoum.
We recognize that as a town developer, our employees are the key driver to our success. Our focus on staff training and development is critical to our philosophy of offering employees development opportunities, but also to maintain the competitive edge of our team. With the initiation of each new project, significant employment opportunities are created in the hospitality and construction sectors as well as other segments. We expect the very highest standards from our hotel operators and their teams. We invest not only in training our immediate workforce, but in training the next generation of hoteliers.
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