Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

MoT opens up 22 locations across country for investment  Join our daily free Newsletter

MENAFN - Muscat Daily - 03/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) The Ministry of Tourism (MoT) has announced earmarking several thousand square metres of land for tourism investment projects with the main aim of boosting entrepreneurship. Twenty two locations across the sultanate have been identified as locations for environmental camps, shopping and entertainment centres, and a series of three and four-star hotels.


According to the ministry, Oman Development Bank (ODB) is expected to play a big role in these development projects by providing the required funding to Omani entrepreneurs.


In a statement, MoT said the tourism industry 'is one of the most important sectors to which ODB gives great attention to create more new jobs and develop the national economy'.


In Muscat governorate, the ministry has opened up 20,000sq m for an environmental tourism camp and a 15,000sq m site for an entertainment centre. An entertainment centre for women and children will come up over 10,000sq m in Mirbat, Dhofar. Another 5,000sq m here has been allocated for a skating and entertainment centre.


The projects announced for Buraimi include a 166,991sq m hotel and shopping centre, an environmental tourism camp spread over 107,077sq m, and a four-star hotel and villas complex in Hay al Nafahat on 50,000sq m.


Investment opportunities in Dakhliyah include a three-star hotel and restaurant complex in Samail, a 12,000sq m entertainment centre in Jebel Akhdar and a 10,000sq m tourism camp at Nizwa. For North and South Batinah, the ministry announced a 10.000sq m tourism camp in Sohar, a 9,000sq m restaurant complex in Rustaq and a 13,000sq m  environment-friendly rest house in Al Awabi.


Apart from these, a three-star hotel in Al Qabel, an entertainment centre in Mudhaibi, a three-star hotel in Sur, a restaurant complex and three-star hotel in Al Kamil W'al Wafi, and a three-star hotel in Jaalan Bani Bu Hassan are also planned.


ODB has approved financial support to 338 tourism related projects at a value of RO42.2mn, the ministry said. Hamad al Harthi, acting general manager of ODB, said, ''The efforts by MoT are based on its strategy to further support the national economy and optimise the tourism capacities we have in Oman.''

 






  MENA News Headlines
 Sep 2 2014 - UAE- Human League to perform in DubaiKhaleej Times
(MENAFN - Khaleej Times) The Human League bring their electro-pop back catalogue to Dubai New wave legends The Human League will bathe The Irish Village in synths for their show on Thursday September ...

 Sep 2 2014 - UAE- Ismail Matar backs Mahdis contract extensionKhaleej Times
(MENAFN - Khaleej Times) Matar hinted that het could be able to return to the pitch in two weeks time after covering half of the four-week period decided by the doctors for his recovery.Dubai: Al ...

 Sep 2 2014 - Dubai does well to curb thalassaemia in newbornsKhaleej Times
(MENAFN - Khaleej Times) Drop in the number of disease cases attributed to awareness campaigns screenings.The number of cases of thalassaemia in newborns in Dubai has drastically reduced due to the ...

 Sep 2 2014 - UAE- Umm Al Quwain offers 50 per cent off on traffic finesKhaleej Times
(MENAFN - Khaleej Times) The 50 per cent cut on pending fines includes unpaid fines for speeding and other traffic violations available till December 5.The UAQ Police are offering a 50 per cent ...

 Sep 2 2014 - UAE- Ajman launches online renewal of car registrationKhaleej Times
(MENAFN - Khaleej Times) The programme also provides the opportunity for public to renew their registration card without having to visit the traffic department.The Ajman Police on Monday launched its ...

 Sep 2 2014 - UAE- Cop accused of kidnapping raping womanKhaleej Times
(MENAFN - Khaleej Times) He drove her to a dark location near a construction site after offering a lift where he allegedly raped her.A cop has been charged in the Court of First Instance with ...

 Sep 2 2014 - UAE- Manager blackmails women staff for sex court hearsKhaleej Times
(MENAFN - Khaleej Times) Three women have complained against the 31-year-old man alleging that he had been constantly sexually harassing them.A Palestinian manager has been brought before the Court ...

 Sep 2 2014 - UAE- 22-year-old Indian found hanging from treeKhaleej Times
(MENAFN - Khaleej Times) Police patrols and paramedics were rushed to the spot who took down the body and transferred it to Al Dhaid Hospital for an autopsy.A 22-year-old Indian man was found hanging ...

 Sep 2 2014 - Destination Dubai for learningKhaleej Times
(MENAFN - Khaleej Times) Emirates education authorities are focusing on Research and Business Development to commercialise technology and part-time work/study policy.The UAE is currently ranked the ...

 Sep 2 2014 - UAE- Scarcity of Indian jumbo passports adds to woes of frequent travellersKhaleej Times
(MENAFN - Khaleej Times) The Indian missions in the UAE were issuing only the 64-page booklets after the supply of ordinary booklets was affected due to technical issues.Just as they were clearing a ...

more...


 






Google

Click to Apply

 
 

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help