Regional News

A concept of the waterfront destination at Mina Al Sultan Qaboos ... worth $2 billion.

A concept of the waterfront destination at Mina Al Sultan Qaboos ... worth $2 billion.

Work starts on $2bn waterfront project

01 December 2018

Master developer Oman Tourism Development Company (Omran) and top Dubai property group Damac have jointly started the groundwork for the transformation of the historical Mina Al Sultan Qaboos (MASQ) port into a $2-billion integrated mixed-use waterfront destination.

Featuring a host of amenities including hotels, residences, food and beverage, retail and entertainment offerings, the project is in line with the National Strategy for Tourism 2040, said Omran, the sultanate’s tourism development arm.

Since the intial announcement of the joint venture, extensive project planning and place-making research for Muttrah, the district that surrounds MASQ, has been undertaken, it stated.

This included third-party studies, technical evaluation and traffic flow analysis. After the masterplan was granted approvals from Oman’s Ministry of Tourism, demolition began as the joint venture prepared sub surfaces for the first phase of construction.

Dr Ali bin Masoud Al Sunaidy, deputy chairman of the Supreme Council for Planning, Minister of Commerce and Industry and chairman of Omran, said the redevelopment of the port into an integrated lifestyle destination stems from Sultan Qaboos’ vision of transforming the historical centre of commerce in Muscat into a timeless and thriving economic hub.

“The first stage of this project aims to set the foundation for the transformation, enhance traffic management, while establishing the necessary framework that will cement local SMEs’ (small and medium enterprises) and Omani nationals’ progressive role within the project,” he noted.

The joint venture also announced plans to house an on-site discovery centre by the first half of 2019. The space will enrich visitors’ experience with the heritage of Muttrah, while leveraging technology tools, such as virtual reality gear, to explore the community’s rich past and its visionary future. The centre will also showcase details of the approved masterplan for the waterfront destination, it stated.  




More Stories



Tags