Oman: Madinat Al Irfan to be developed in 6 phases
Master developer Omran said the project, to be constructed over a 30-year timeframe, will contribute up to $1.6bn to the Sultanate's GDP
The Madinat Al Irfan Urban Development project in Oman is expected to be constructed in five to six stages over a 30-year timeframe.
Residential developments will account for 49% of the project.
Commercial spaces will comprise 27% of the development, retail spaces 4%, hospitality offerings 3%, and government buildings and civic facilities will take up 17% of the development.
The project is being developed by Oman Tourism Development Company (Omran).
Omran's master plan comprises key districts, which include the under-construction Oman Convention and Exhibition Centre, Al Irfan Central, Al Irfan West, and a governmental district.
The project is expected to contribute $1.4bn-$1.6bn (OMR53.6m-OMR616.7m) to Oman's GDP on an annual basis.
Saif Al Hinai, executive director of the project, said it will also create between 80,000 and 90,000 jobs when it is implemented in the future.
Remarking on the project's conceptualisation, Al Hinai said: "We discovered there is a need for a downtown commercial hub in Muscat that will set new standards and elevate the quality of life for its residents, while maintaining Oman's overall culture, heritage and values.
"Like any other modern city, Madinat Al Irfan will have all the ingredients of a smart city.
"In addition to the convention centre, there will be as many as 12 four- and five-star hotels, all kinds of residential and commercial mixed used components, business parks, shopping malls, theatres, water parks, district parks, hospitals and healthcare centres, schools, colleges, mosques, police stations, utilities and recreational facilities," he added, according to Oman Daily Observer.