OIA contributes to develop tourism infrastructure – Times of Oman

OIA contributes to develop tourism infrastructure – Times of Oman

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Muscat: The Oman Investment Authority is strengthening its contribution to developing the tourism infrastructure.

A statement issued online by Oman News Agency (ONA) said, "The Omani Investment Authority revealed the progress made in a number of major projects in the tourism sector that are distributed in various governorates around the Sultanate ."

Hashil bin Obaid bin Hashil Al Mahrouqi, Senior Director of Real Estate Investment Projects at the Oman Investment Authority stated about these projects, saying, "The priorities of the Oman Investment Authority in tourism investments focus on strengthening the tourism infrastructure in the Sultanate, which will generate investment opportunities, integrate with the private sector, and enhance the small and medium enterprise sector and create new job opportunities."

Hashil Al Mahrouqi added, "The Oman Investment Authority takes into consideration several key elements in the implementation of these projects, the most prominent of which is ensuring the highest level of economic value and the return on investment from these projects, as well as taking into account the originality of places and distinct areas surrounding those projects, and also taking into account the privacy of the communities neighbouring the projects and the extent to which they benefit from the projects.“

"The Projects