Muscat, Oman – 21 June 2017 –
The government of Oman and project developer Damac launched plans to transform its Port Sultan Qaboos into a world-class waterfront destination with hotels, residences as well ashine-dining, retail and leisure offering. The project volume is calculated with USD1 billion.
1 Rendering of Mina Sultan Qaboos Waterfront following its re-development (Photo: DAMAC Properties)
“Mina Sultan Qaboos Waterfront is based in the 200 year-old historical centre of commerce in Muscat and is one of the most visited tourist destinations in Oman. The redevelopment of the port by Omran will build renewed interest and focus to the area, while creating a strong investment proposition for the tourism, real estate and leisure industries“, Ali Al Sunaidy, deputy chairman of the supreme council for planning, stated.
Details of the multi-use tourism project aren’t revealed yet.
