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
 May 6 2015 - UAE non-oil trade reached AED 1.07 trln '14 - FCAKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) UAE's preliminary statistical data of the Federal Customs Authority (FCA) revealed on Tuesday an increase in non-oil direct trade totaling AED 1.07 trillion in ...

 May 6 2015 - Qatar to showcase 15 listed firms in LondonGulf Times
(MENAFN - Gulf Times) Qatar will showcase its 15 leading listed companies in London as part of efforts to highlight the umpteen investment opportunities in the domestic stock market before the ...

 May 6 2015 - Cars Taxi starts airport servicesGulf Times
(MENAFN - Gulf Times) Profit Group, one of the Karwa taxi service providers operating the Cars Taxi service in Qatar, has commenced airport taxi service with an initial fleet of 20 units of ...

 May 6 2015 - Qatar to house 250,000 labourers in new 'cities'Gulf Times
(MENAFN - Gulf Times) Qatar is to build seven "cities" to house more than a quarter of a million migrant labourers building major infrastructure and projects for the 2022 World Cup, officials said on ...

 May 6 2015 - Cannes festival opening and red carpet live in KataraGulf Times
(MENAFN - Gulf Times) The Doha Film Institute is bringing a live-feed telecast of the opening ceremony and red carpet of the Cannes Film Festival on May 13 at Katara Drama Theatre from 8pm.The ...

 May 6 2015 - MENA travellers go longer and spend more: Visa surveyGulf Times
(MENAFN - Gulf Times) Travellers from the Middle East and Africa (MENA) region travel longer and spend more on their vacations compared to other travellers around the world, a new study has shown.The ...

 May 6 2015 - 5,000 asthma patients visit HMC every year: doctorGulf Times
(MENAFN - Gulf Times) Every year, up to 5,000 patients with asthma visit the Chest Clinic at Hamad Medical Corporation (HMC) for treatment and follow-up appointments, a senior doctor said.HMC joined ...

 May 6 2015 - Canada judge delays Guantanamo ex-inmate's bailThe Peninsula
(MENAFN - The Peninsula) An appeal's court delayed Tuesday the release of former Guantanamo detainee Omar Khadr from a Canadian jail in order to mull arguments that doing so would cause irreparable ...

 May 6 2015 - Qatar University (QU) has signed an agreement each with Politecnico di Torino UniversityGulf Times
(MENAFN - Gulf Times) Qatar University (QU) has signed an agreement each with Politecnico di Torino University and Association of American Colleges and Universities (AAC&U) to enhance its academic ...

 May 6 2015 - Qatar- Baku set for new Games showThe Peninsula
(MENAFN - The Peninsula) In June 2015, Azerbaijan will become the centre of the sporting world, when capital city Baku hosts the inaugural European Games.The Baku 2015 European Games will be a ...

more...


 






Google

 
 

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