Construction & Real Estate

Oman lays foundation stone for $15m tourism, commercial project in Masirah

0/0

Oman has laid the foundation stone for an integrated tourism and commercial project in the Wilayat of Masirah, South A’Sharqiyah Governorate, with an investment of RO5.775 million ($15 million).

The ceremony was held under the patronage of Dr Yahya Al Maawali, Governor of South A’Sharqiyah.

Developed by United Real Estate Company, the project spans 60,000 square metres and will combine accommodation, retail, entertainment and general service facilities.

The development aims to create an integrated destination that capitalises on Masirah’s natural attractions, heritage and cultural assets, supporting tourism and commercial activity in the wilayat. -TradeArabia News Service