Dr. Khalfan bin Said Al Shuaili, the Minister of Housing and Urban Planning, emphasized that these signed agreements are a testament to Oman's strategic vision. By fostering high-caliber partnerships with leading regional and international institutions, Oman aims to rapidly advance smart urban development. This initiative is designed to create a sustainable urban environment that not only fulfills the aspirations of its citizens but also actively contributes to the nation's economic diversification efforts.
Dr. Al Shuaili further elaborated on the ministry's
commitment, stating, "We're pushing ahead with strategic projects within
Sultan Haitham City, a foundational element for Oman's urban future. Our goal
is to draw in top-tier investments that align with global benchmarks for smart
city development. This will boost the quality of life and foster a balanced
community economy. This agreement perfectly embodies our ambitious development
strategy."
Hisham Talaat Moustafa, the CEO of Talaat Moustafa Group,
expressed his enthusiasm about entering the Omani market. He highlighted the
strategic agreement to develop two model projects concurrently. These projects
will be located on two land plots west of Muscat, Oman's capital, and will be
interconnected by an electric tram system.
This agreement is a major milestone for urban and tourism
development in Oman. It's expected to have a broad economic and social impact,
generating both direct and indirect job opportunities and significantly
boosting investment in the real estate and tourism sectors through high-quality
projects.
The partnership will also speed up development in Sultan
Haitham City, cementing its reputation as a premier development model regionally
and globally. This reflects a seamless integration of smart infrastructure with
an advanced urban vision. Ultimately, this collaboration showcases Oman's
capability to attract top-tier investments and valuable capital through
projects that deliver tangible economic and social benefits.
This partnership highlights Oman's openness to global investment and urban development. It's built on a foundation of smart urban planning, a long-term economic vision, and a regulatory environment that truly fosters future transformation. These collaborations exemplify the trust, commitment, and shared growth between the Omani government and international investors.