OMAN’S Ominvest is planning to build a $1-billion tourism resort in the southern port city of Salalah, the company’s chairman said.
“The integrated tourist complex will have four hotels and housing units which will be offered for sale to both local and international investors,” Hani Al Zubair said on the sidelines of an investment forum. The construction of the resort will start in late this year or early next year and it would be built in three phases, he said, adding, “We are building a complete town that caters to both local and international visitors.”
Other resort developments in Oman include The Wave, Barr Al Jissah and Muriya.
