Omani authorities have announced that partnership agreements worth RO333 million ($862 million) have been sealed with leading developers for setting up residential neighbourhoods across the sultanate.

 These projects, which will come up on a total area of 3.3 million sq m, will feature more than 5,000 new residential units, reported ONA. Among the key neighbourhood projects being implemented include Al Luban in the Wilayat of Nakhal, Governorate of South Al Batinah; the Majd Neighbourhood project in the Wilayat of Sohar, Governorate of North Al Batinah and the Tilal Al Nakheel project in the Wilayat of Khasab.