MUSCAT : According to a statement issued by the ministry, the investment opportunity in Azaiba Beach is envisioned as a mixed-use project, including a luxury hotel, classified restaurants, and a high-level health centre. The ministry indicated that the project will be subject to the bidding system, with a contract period of 50 years; it will cover an area of over 10,000 square meters, with the option of avao;omg exemption from paying the rental value of up to five years, depending on the size of the project.
The second investment opportunity, for SMEs, is for the establishment of a classified tourist restaurant in the Sarooj area, on a land area of 150 square meters. The contract period for this project will be 10 years, and the bidding system will also be applied according to the evaluation process.
The third opportunity includes the establishment of an integrated tourism project in the Hail Al-Awamir area in the Wilayat of Seeb. The project will feature the establishment of hotels, waterfront outlets, classified tourist restaurants, as well as recreational and service facilities. The 50-year contract period for this project encompasses a land area exceeding 91,000 square meters, and an exemption from paying the rental value for a period of up to five years.
The ministry is inviting interested investors to contact it via e-mail – [email protected] – for more information.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
This post was originally published on here