Is construction industry is progressing in Oman
5G Development in Gulf and Scope of work
November 24, 2015
Qatari Diar signs agreement to develop Ras Al Hadd Project
Yes, the construction industry in Oman is progressing, with several ongoing infrastructure projects and initiatives. The government of Oman has been investing heavily in the development of infrastructure, including transportation, healthcare, education, and housing, which has led to a significant increase in construction activity in the country.
One of the major construction projects currently underway in Oman is the development of the Duqm Special Economic Zone (SEZ). The project involves the construction of a new port, an airport, industrial and residential areas, and various other facilities. The Duqm SEZ is expected to attract foreign investment and create job opportunities, driving economic growth in the country.
In addition to the Duqm SEZ, there are several other infrastructure projects in Oman, including the construction of new hospitals and healthcare facilities, the expansion of Muscat International Airport, the development of new roads and highways, and the construction of new housing units to address the country's growing housing demand.
Through the agreement, investments will be pumped into the tourism sector, which is considered one of the most important sectors in the Sultanate of Oman, and a partnership has been established between both Qatari Diar and Oman Tourism Development Company (Omran) representing the Government of Oman by 70-30 per cent in order to develop a multi-use project.
Through the agreement, investments will be pumped into the tourism sector, which is considered one of the most important sectors in the Sultanate of Oman, and a partnership has been established between both Qatari Diar and Oman Tourism Development Company (Omran) representing the Government of Oman by 70-30 per cent in order to develop a multi-use project.
Furthermore, the government of Oman has been implementing various initiatives to promote the construction industry, such as the introduction of new construction regulations and the establishment of a dedicated authority to oversee the sector's development.
Overall, the construction industry in Oman is progressing, driven by significant investments in infrastructure and various initiatives to promote growth in the sector. The industry is expected to continue to grow in the coming years, creating new opportunities for businesses and job seekers alike.
“This agreement is part of the Qatari Government's focus to promote investment in Oman in order to serve the common interests between our countries. We hope that this great project will be the beginning of a new era of cooperation in developing the tourism and Economic sectors between the two brotherly countries."
Mr Khalid Mohammed Sayed, Group CEO of Qatari Diar, expressed his happiness to work in the Sultanate of Oman. "I am pleased to be here today in the Sultanate of Oman to mark such an important occasion as the agreement to develop one of the most beautiful areas in a truly wonderful country.”
“Our presence here showcases the deep brotherly ties between Qatar and Oman. I am confident that we will not stop at the Ras al Hadd project, but this project will be the first of a series of unique projects that we want to implement here in the Sultanate of Oman; a country that is moving rapidly towards upscale and unique tourism.”
Commenting on the importance of the Ras Al-Hadd development agreement to cater to growing expectations on Oman as a word-class tourist destination, and to develop the necessary tourism infrastructure to a global standard, Eng. Wael Al Lawati, CEO of Omran added, “We are pleased to work with Qatari Diar Company, the leading real estate developer in the region. Their deep experience from many international markets in this field will no doubt be of major benefit when implementing the new project according to the highest international standards.”
“Ras Al-Hadd has a fantastic growth potential as a destination for local, regional and international tourists to discover the stunning wildlife of the region, and to experience the history and hospitality of Omani culture. This eco-themed project delivers a number of unique tourist attractions within the master plan, including a wildlife preservation and observation park, a marine life park, and of course, the heritage village which will celebrate the rich history of Omani culture surrounding Ras Al-Hadd.
The resort and residential developments, as well as the attractions, firmly adhere to the core themes of sustainability and responsible tourism management. These principles are based on joining hands with the local community, both in terms of job creation as well as preserving and celebrating the cultural heritage of the area, and safeguarding the environment for future generations to enjoy. The Ras Al-Hadd project will make a significant contribution towards maintaining the continued growth in our tourism sector by providing a new and truly unique destination within the Sultanate.” He added.
