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Abu Dhabi to Invest AED764M in Oman's Salalah

Abu Dhabi to Invest AED764M in Oman's Salalah

UAE Moments7 days ago
The Abu Dhabi Fund for Development (ADFD) plans to invest AED 764.5 million (($208 million) in Salalah, Oman.
The project will feature a luxury resort, a marina, and a beachfront revamp, which will help to regenerate many jobs.
The development project will cover a 2.5 million square metre area in Jinawf. The first phase of the project will cover 604,000 square meters, featuring a resort with over 120 rooms and chalets.
ADFD's investment will also support infrastructure development, including roads and public utilities. Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism in Oman, assured that the project will boost various important economic sectors in the Sultanate.
The project is central to the Oman Vision 2040 and is expected to be a huge success because of Salalah's popularity amongst locals and tourists during the Khareef season.
This article was previously published on omanmoments. To see the original article, click here
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