Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saraya Bandar Jissah hosts ground-breaking ceremony  Join our daily free Newsletter

MENAFN - Muscat Daily - 09/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Saraya Bandar Jissah on Wednesday hosted the ground-breaking ceremony for the second major construction stage of Oman's newest integrated tourism complex (ITC) project.


The ground-breaking celebration officially marked the start of construction work for the residential, hotels, and community components of the US600mn resort destination.


The ceremony was held at the site under the auspices of H H Sayyid Asa'ad bin Tariq al Said, representative to His Majesty the Sultan.


Sheikh Hamood Sultan al Hosni, CEO of Saraya Bandar Jissah, and the company board and management were present at the event to welcome dignitaries and business leaders.


Building on the renewed confidence in Oman's real estate market and tourism growth, Saraya Bandar Jissah is the first ITC to be launched since 2007.


Speaking at the event, Hosni said that the first phase of the project, which includes two hotels, recreational facilities and three residential zones, will be completed in 2017, while the second phase comprising two more residential zones will be completed in 2020.


He said, ''Supporting the vision of His Majesty the Sultan, Saraya Bandar Jissah will become a major contributor to the economic growth of the sultanate and will have a positive impact on the country's GDP.''


With its focus on delivering Oman's most luxurious development, the project will provide two five-star hotels with 318 rooms, including a beachfront ballroom for weddings and events, international cuisine restaurants and venues for sports activities, including a diving centre.


Hosni said that the project will boost tourism and create job opportunities in the long term. ''More than 800 direct jobs will be created in addition to indirect jobs for the overall economy. The company is willing to work on development and training programmes for Omani employees to make them ready, once operations start,'' he said.


Saraya Bandar Jissah has adopted the vision of the ITC by ensuring that the master plan provides world-class tourist elements, while balancing the harmony of the residential community to create a destination of choice for the domestic and international markets.


The two five-star hotels will be operated by renowned hotel and resort operator, Jumeirah Group, which will bring in its expertise in developing leading destinations catering to both the domestic and international tourists.


Gerald Lawless, president and CEO of Jumeirah Group, said, ''Projects such as Jumeirah at Saraya Bandar Jissah are a response to the well planned and implemented tourism development and marketing strategy of Oman. The economic reach of travel and tourism is deep in Oman and it is vital to the nation. It is an ideal destination for long-haul international travellers coming in for a vacation or a conference, as well as for regional tourists seeking short breaks.''


Saraya Bandar Jissah, which is being developed in partnership between Omran and Saraya Oman, is located on the outskirts of Muscat on a secluded beach surrounded by the Hajar Mountains. The destination will be built on 2.2mn sq m of land with an expansive beachfront and a high point of 250m.


Saraya Bandar Jissah will be home to 398 exclusive residential units, spacious hilltop villas, stylish town-houses and luxury apartments - all with attractive waterfront and mountainside view

 


Muscat Daily




  MENA News Headlines
 Feb 28 2015 - Abu Dhabi's economy to remain strong in 2015MENAFN
(MENAFN) Abu Dhabi's economy will remain resilient and its fiscal policy will stay prudent and flexible over the next two years despite the depressed oil price scenario, Khaleej Times ...

 Feb 28 2015 - Sudan explores investment opportunities for Saudi investorsMENAFN
(MENAFN) A high-level Sudanese delegation headed by Investment Minister Mustafa arrived to explore investment opportunities for Saudi investors in Sudan, Arab News reported.Trade exchange between the ...

 Feb 28 2015 - Qatar's PPI down 10.6 percent in December 2014MENAFN
(MENAFN) The Qatari Ministry of Development Planning and Statistics (MDPS) said Producer Price Index (PPI) decreased 10.6 percent last December month-on-month, QNA reported.The index decreased 28.9 ...

 Feb 28 2015 - 'Jihadi John' killer from Islamic State beheading videos unmasked as LondonerThe Peninsula
(MENAFN - The Peninsula) The masked "Jihadi John" killer who fronted Islamic State beheading videos has been identified as Mohammed Emwazi, a British computer programming graduate from a well-to-do ...

 Feb 28 2015 - Banksy Goes Undercover To Make Gaza FilmThe Peninsula
(MENAFN - The Peninsula) Banksy has released a video of a satirical travel advert for Gaza after travelling to the area undercover.The film, posted on the elusive artist's website, appears to show ...

 Feb 28 2015 - World champion Cairoli tops Qatar qualifyingThe Peninsula
(MENAFN - The Peninsula) Defending champion Antonio Cairoli brought delight to his KTM camp last night by topping the time charts in the season's first official qualifying session of the 2015 FIM ...

 Feb 28 2015 - Cricket: UAE bat against India in World CupThe Peninsula
(MENAFN - The Peninsula) United Arab Emirates captain Mohammad Tauqir won the toss and decided to bat in the World Cup Pool B game against India at the WACA Ground on Saturday.In announcing his ...

 Feb 28 2015 - Turkey, US to begin training Syria rebels from SundayThe Peninsula
(MENAFN - The Peninsula) The United States and Turkey will begin training and equipping thousands of moderate Syrian rebel forces on Sunday as part of a deal the two NATO allies signed last week, an ...

 Feb 28 2015 - Italian MPs approve Palestinian resolutionThe Peninsula
(MENAFN - The Peninsula) Italian lawmakers yesterday backed a non-binding resolution that encourages the government to recognise Palestine as a state, a move that underlines European frustration over ...

 Feb 28 2015 - Lebanon-born Syrian refugees risk stateless issueThe Peninsula
(MENAFN - The Peninsula) Syrian refugee Yasmine Khalaf lies next to her day-old daughter Israa in a Lebanese hospital, worrying that her tiny newborn risks life without a legal identity. Israa, ...

more...


 






Google

Internatinal Property Show

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help