Oman signs tourism deals worth US$11.7m

Oman signs tourism deals worth US$11.7m
Oman's Ministry of Tourism has signed a agreement for 10 investors to construct hotels in the Sultanate
Published: 8 May 2019 - 8:15 a.m.
By: Ashley Williams

Oman’s Ministry of Tourism has agreed a deal to set up 10 tourism investment project featuring new hotels, resorts and restaurant complexes across the Sultanate.

The project, which is reportedly worth OMR 4.5 million ($11.7m), was signed by Oman’s minister of tourism, His Excellency Ahmed bin Nasser Al Mahrazi, with 10 investors to develop and construct the hotels throughout the country.

Details of the agreement included that the Musandam governorate will establish a three-star hotel and a three-star tourist resort. Another deal was signed with Nakhl National Company to build a three-star hotel and a restaurant complex in the South Al Bathinah governorate.

The Minister of Tourism also signed an agreement to set up a three-star tourist resort in the Al Dakhliyah governorate. In the Dhofar governorate, two agreements were signed for establishing a two-star hotel and hotel apartments.

In North Al Bathinah governorate, a three star hotel would be built and another agreement was signed to build a tourism resort in the Muscat governorate.

Mohammed Bin Hammoud Al Zadjali, director general of investor services and quality management at the Ministry of Tourism, said that the signing of the agreements would create employment opportunities for the community and maintain the requirements of the economic developments of the country.

“The tourism investment projects are in line with the growth achieved by the sector which demands increased hotel establishments of different classifications,” said Al Zadjali. “These agreements which were signed by the ministry strengthens the efforts made by the government to empower the tourism sector as one of the five major sectors adopted in the national program to promote economic diversification.”

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