Government-owned Oman Tourism Development Company (Omran) released an image of its upcoming Mina Sultan Qaboos project’s master plan.Â
The waterfront development comprises hotels, a promenade, a tram service, a public plaza, mixed-use and retail developments, and branded residential plots, besides other facilities.
The $1.3bn (OMR500bn)Â project will be developed over a 64 ha area in Sultan Qaboos Port.
The waterfront destination will be developed over four phases, with phase one construction getting underway in 2016.
An image of the master plan was released on Omran’s LinkedIn channel.
The master development plan was finalised in 2015 with significant inputs received from private sector investors, who are keen to participate in the project, Omran said.
A new company will be established to develop the Mina Sultan Qaboos Waterfront project, with 51% owned by Omran, and the remaining 49% taken up by pension and investment funds, together with private sector investors.
Scroll down to see the development’s master plan.Â
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