Oman unveils plans to develop $155m tourism project
MUSCAT, March 16, 2021
Oman's Ministry of Heritage and Tourism have signed an agreement with Qurm Stone Development for developing a tourism project in Muscat at an investment of RO60 million ($155 million).
To be set up over a 500,000-sq-m area in Muscat governorate, the Yenkit Hills tourism project is being implemented in three phases, reported Oman Observer.
Phase One will see the development of a five-star resort with 90 rooms and suites complete with all facilities. Phase Two involves construction of 122 upscale residential/tourist units as well as a panoramic commercial complex to serve the area and the project.
The final phase will see the construction of a five-star hotel with 150 room and suites in addition to 50 five-star hotel apartments complete with facilities.
The project will highlight the tourism potentials of Yenkit area with its scenic views overlooking the Sea of Oman and Al Khairan area in Muscat Governorate, said the report.
The work on the project will begin next year and is due to be completed in 2026, it added.