Construction Work Will Begin on the $2 billion Mina Al Sultan Qaboos Waterfront (MaSQ) Project in Oman
Business 8 July 2019 Arabia Day Newsdesk 0
Construction work will begin in November on the $2 billion Mina Al Sultan Qaboos Waterfront (MaSQ) project in Oman, the developers have announced.
Damac is building the waterfront project with Oman Government’s tourism development arm Oman Tourism Development Co (Omran) through their joint venture, Muttrah Tourism Development Company.
The project will include hotels, residences, F&B and leisure options, with the first package tendered this month.
A number of preparatory activities have been conducted in accordance with a master plan approved by Oman’s tourism and housing ministries.
According to a report in Muscat Daily, “final discussions with concerned ministries regarding the project development agreement are under way.”
An ‘experience and promotion centre’ on the Muttrah Corniche is almost finished and is expected to be open to the public in Q3.
The centre – which will also include a seafood restaurant and an Omani art gallery – will allow visitors to inspect the MaSQ’s master plan and the residential developments.
“The MaSQ project will give us Omanis the chance to showcase our rich culture to the world,” a Muttrah Tourism Development Company spokesperson was quoted as saying by the newspaper.
The company has also completed the clearance of the project site and rerouted services and utilities away from its path.
The company has also liaised with the Royal Oman Police on a security study and has secured police approval to isolate the project’s under-construction area from the port’s operational area to ensure smooth progress.
Additionally, a pre-qualification exercise has been concluded for more than 100 companies who have expressed an interest in the project’s various construction and installation packages.
Omani authorities and the developers have also conducted a traffic, social and environmental impact studies regarding the project.
“Along with transforming the area into a vibrant tourist destination, it is extremely important that sustainability studies are conducted while developing such an iconic location,” the spokesperson added. “Along with adding value to Muttrah’s economic infrastructure, it is also necessary to protect the essence and well-being of the surrounding community.”
For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
No comments so far.
Be first to leave comment below.