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FINANCIAL NEWS
Contract to be signed in Oman’s Duqm for USD 731.6mn
16 Feb 2016
(MENAFN) A major tourism complex with an investment of USD 731.6mn will take place in Duqm, and the agreement will grant land usufruct for constructing the tourism complex.
Furthermore, this will involve hotels, a mall, residential complexes, entertainment center, water theme park and a number of other tourist services and facilities.
In addition, the project involves three five, four and three-star hotels, a four-star hotel suite and residential complexes including villas and apartments.
The project area will be almost 741,000 square meters worth USD 731.6mn and its application will be in four phases, each of almost four years and will offer 800 jobs.
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