Billion-dollar-project Sustainable City Yiti outlines commitment to Oman

  • Date: 06-Dec-2022
  • Source: Times of Oman
  • Sector:Real Estate
  • Country:Oman
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Billion-dollar-project Sustainable City Yiti outlines commitment to Oman

Muscat: The Sustainable City-Yiti (TSCY), a development by Sustainable Development Investment Company (SDIC) - a partnership between Diamond Developers and Oman Tourism Development Company (Omran Group), has reaffirmed its commitment to the Sultanate.

The billion-dollar development aims to support the goals of the Oman Vision 2040, as well as the National Tourism Strategy, by creating a live-work-thrive city that is green, energy efficient, and people-centric.

It is also playing an integral role in contributing to in-country value for the Sultanate, with 78.65 per cent of Omani-sourced goods and materials being sourced in the past six months alone. More than 58 SMEs in Oman have also benefited from the works undertaken at TSCY in the last two quarters.

Scheduled to be completed in 2025, the development has supported more than 1,800 jobs during construction, both direct and indirect, generating over 961,000 man-hours to date.

Eng. Ammar Sulaiman Al Kharusi, Head of Development at Omran Group said: “We are delighted to play our part in strengthening the economy of Oman, from the tourism sector to SMEs and the huge number of employment opportunities through this exciting project. Ours is truly sustainable development in every sense of the word and by driving in-country value across the board,