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FINANCIAL NEWS
Omani firm to construct new hotel project in Duqm
20 Jul 2017
(MENAFN) Al Khonji Real Estate and Development, a pioneering real-estate firm in Oman, aims to build a three-star business hotel in Duqm, which will have 180 to 200 rooms.
Additionally, the hotel project is the first venture in a huge mix-use development, which involves two other hotels, residential units, commercial buildings and others.
Currently, Duqm is viewing huge development with an offered refinery, petrochemical complex, crude storage facility and a main fish processing zone.
Furthermore, a group of Chinese firms had inked land lease deals with Oman Wanfang LLC for building different projects, ranging from a methanol venture to a five-star hotel at USD3.06bn.
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