Oman Projects

[mahdial_x5]

WoW fantastiic! !!!

[Skyprince]

Hey Albalushi welcome ! Nice to have an Omani member here ! I was in Shangri-la Bandar el-Jissah last 2 months. I love Oman like hell , the greatest country I've ever been to.

[Skyprince]

Currently there are 3 daily flights from Muscat to Salalah on 737 and 1 daily from Muscat to Musandam on propeller jet.

Oman has pulled out from Gulfair.

I don't think Sohar needs an airport since it's only 200 km from Dubai. Ras al-Hadd ?? That is a very small town.

[Halawala]

^ Well,Skyprince the airport will act like a niche airport, not nessessarily a hub, just to serve the small O-D market out there inthe small town.

[Skyprince]

But Ras al-hadd is not even a town, it's just a village hehehe...

Now I understand why we couldn't find any photos of Omani airports on any sites. Photography is prohibited inside their terminals !

Muscat's Seeb airport is a normal medium-sized airport like Abu Dhabi with yellowish structure. About 40 km from central Muscat ( Ruwi ) and very close around 10 to 15 km from where Muscat residents live ( Al-Khuwair, Medinet Sultan Qaboos, Shatti al-Qurm etc ). Very gorgeous and spectacular country !! ( sorry i couldn't refrain myself saying this over and over, but Oman is such a MAGIC !!!!

[Halawala]

A $2bn integrated tourism resort is to be built in Yenkit, Oman. The project will be developed by Yenkit Tourism Development, a joint venture of Majid Al Futtaim Group and a group of Omani investors, the Oman Daily Observer reported. The complex will have four five-star hotels, 1,400 residential villas, and up to 1,900 residential apartments and townhouses, as well as a range of sporting and leisure facilities. Construction is due to commence in early 2008.

Located southeast of Muscat, the 950-hectare Yenkit project is set to be a flagship development for potential investors, tourists, Omanis and international visitors.

The move comes following a major initiative launched by the Omani government to create a world-class ‘tourism corridor' along the country's eastern coast between Muscat and Sur.

Yenkit Tourism Development is set to plan, develop and manage the ‘Integrated Tourism Complex', the company said on Wednesday.

The project is waiting for finalisation of agreements with the Omani Government and development is expected to start in early 2008.

"Oman has enormous potential with visitors coming to indulge in the natural splendour of the country and with Middle East residents looking for sound investment options," said Hakim bin Magid bin Soud Al Maameri, chairman of Yenkit Tourism Development.

The complex is set to consist of four five-star hotels, an 18-hole international golf course, sports and leisure facilities, resort village, nature reserve, beach club, as well as residential villas, apartments and townhouses.

[Skyprince]

But Yankut is far from Muscat i guess. And in a very interior part of Oman

BTW, Oman's per-capita PPP already hit $ 20 000 mark !

[B-Patriot]

I think the World Fact Book would begg to differ.... lol..

[Matthias Offodile]

Any renders?

[Halawala]

Originally Posted by Matthias Offodile

Any renders?

By halawala at 2007-08-10

By halawala at 2007-08-10

[Matthias Offodile]

Thanks, Halawala ! It will look fantastic when completed and above all it will match to the surroundings of peaceful and beautiful Oman!

[Adel]

The Wave Maskat Site

http://www.thewavemuscat.com/

[Skyprince]

Originally Posted by Adel

The Wave Maskat Site

http://www.thewavemuscat.com/

This project is right next to Seeb airport and the sandy beach !

[Cymen]

Castle Yenkit looks pretty good. I cannot imagine Oman with Skyscrapers, please let at least one gulf country not being wasted with modern high rises.

[QatPhils]

In which would this render go into which project?



source:http://m3mary.com/samples/samples4_2.htm

[davy_boy]

I was in Oman a couple of months ago and was speaking to a local guy at the Shangri-La hotel. He pointed out that there was a huge dredger in the sea off of the beach to the right of the resort as you look out to sea. This was apparently building up the coastal area over a huge rocky barrier which would include a large Jumeriah branded resort, similar to the Barr Al-Jissah.

Anyone heard of this project?

[beck Doha]

Welcome to Omagine
--------------------------------------------------------------------------------

Journey of Light, Inc. ("JOL") received notice from the Ministry of Tourism in the Sultanate of Oman in late March 2007 that the Government of Oman had approved the development for the Omagine project ("Omagine") which is a tourism and residential real-estate development project with a projected construction cost of approximately U.S. $1.6 billion. JOL management has concluded its discussions and negotiations with Government officials, the objective of which was to arrive at the terms and conditions of a development agreement ("Development Agreement") between the Government and Omagine LLC which would govern the development of the Omagine Project. As required, several ministries are now reviewing the final draft of the Development Agreement. In order to move into the actual development stage of the Omagine Project, Omagine LLC and the Government must sign the Development Agreement, an event the Company presently expects to occur during the third quarter of 2007. Management has conducted numerous meetings and discussions with several commercial and investment banks and prospective investors, partners, financial advisers, contractors and hotel operators regarding the structure and placement of the necessary construction financing as well as the ongoing financing arrangements and operations of Omagine LLC.

Omagine is an integration of cultural, heritage, educational, entertainment and residential components, including: a "high culture" theme park containing seven pearl shaped buildings, each approximately 60 feet in diameter (the "Pearls") and associated exhibition buildings (collectively, the "Landmark"); a five star resort hotel; a four star hotel; a boardwalk; an open air amphitheater and stage; a canal and enclosed harbor area; boat slips; commercial office buildings; shopping and retail establishments; restaurants and open space green areas. Additionally, Omagine includes approximately 3,900 residences consisting of a combination of villas, town homes and apartments.

The Omagine development site is located on an amazingly pristine coastal stretch of beachfront approximately 20 km. northwest of Muscat and only 4 km. from the Oman International Airport. The approximately 1,000,000 square meter property (approximately 245 acres) has one kilometer of beach frontage, but will be developed to have over 7 km. of water frontage - of which 1.8 km. will be beach-front.


Anyone know anything about this project?

[Adel]

Any news about the Blue City, is it still on or was it scrapped?

[Adel]

Ahmed Janahi goes to court in Oman to defend his right to 70% of Blue City

جناحي يدافع عن حصته في «المدينة الزرقاء» أمام القضاء//ا لبحرين
ذكرت مصادر مطلعة أن رجل الأعمال أحمد أبوبكر جناحي تقدم إلى القضاء في سلطنة عمان للدفاع عن حصته في مشروع المدينة الزرقاء.

وجناحي، وهو رئيس شركة «أيه أيه جيه»، شريك استراتيجي في تنفيذ المدينة الزرقاء في سلطنة عمان.

وذكرت المصادر أن جناحي الذي من المفترض أن يمتلك حصة تقدر بنحو 70 في المئة من المشروع، واجهته بعض المعوقات هناك الأمر الذي اضطره إلى اللجوء إلى القضاء.

ولم تخض المصادر في أي تفاصيل في الوقت الذي يتوقع أن يعلن جناحي ملابسات الموضوع الأسبوع المقبل.

ويقع مشروع المدينة الزرقاء على مساحة 35 كليومتراً مربعاً من منطقة السوادي على الساحل العماني وعلى بعد 100 كليومتر شمال غرب العاصمة (مسقط). ويتوقع أن يستغرق بناء المشروع 15 عاماً وتبلغ الكلفة الإجمالية لمراحله المتعددة 15 مليار دولار أميركي.

والمشروع الذي أطلق في منتصف 2005 تم تصميمه بهدف جذب أكثر من مليوني سائح سنويّاً إلى الفنادق والمنتجعات السياحية التي ستضمها المدينة والتي تبعد مسافة نصف ساعة من مطار مسقط الدولي.

وتشمل المرحلة الأولى لمشروع المدينة الزرقاء تطوير واجهة ساحلية مساحتها 16 كليومتراً مربعاً.

[clone54]

Oman plans $1bn healthcare city

Oman's Majan Development Company (MDC) is planning to develop a healthcare city near Muscat with an estimated investment of 300-400 million rials ($774 million to $1.03 billion), a senior official of the Kuwait-based Gulf Investment House (GIH) told reporters.

An international consultancy agency has conducted market research for the project in the GCC region. The result was positive... A feasibility study for the project is going on now," said Bashar Al Tuwaijri, senior manager for direct investment at GIH, which is initiating the project with a 20% stake in MDC.

Tuwaijri said the healthcare city would be constructed on a build, operate and transfer (BOT) basis.

Construction is expected to start by next year," he told reporters.

Oman's Ministry of Tourism has agreed to allot land of one million square metres near Blue City, which is 100 kilometres away from Muscat.

Al Tuwaijri said the healthcare city would include medical colleges, hospitals, conference halls, hotels and shopping malls.

"The project will be funded by way of equity and term loan from banks," he said.

MDC, which has a paid up capital of 25 million rials, was formed by a group of investors in the Gulf region to develop real estate projects in Oman.

It is 20% owned by GIH, 10% by Commercial Real Estate, 10% by Sharjah Islamic Bank, 30% by other non-Omani investors and 30% by pension funds and other institutional investors in Oman.

http://www.arabianbusiness.com/51382...are-city?ln=en