Indian origin businessman donates over OMR 9mn to build homes for insolvent families in Oman

Oman Sunday 16/April/2023 16:50 PM
By: Times News Service
Indian origin businessman donates over OMR 9mn to build homes for insolvent families in Oman
PNC Menon - Chairman, Sobha Group

Muscat:  Al Rahma Association for Motherhood and Child Welfare and 'Sobha' Group signed a memorandum of understanding (MoU) for the 'SAS' project initiative; to build 300 houses for orphans and needy families, at a total value of OMR9.6 million over the next ten years.


The MoU was signed by Sana Abdul Rahman Al Khanjari, Chairwoman of the Board of Directors of Al Rahma Association and PNC Menon, Founder and Chairman of the Board of Directors of the Sobha Group.

Speaking to the reporters, PNC Menon said, “The most important things in one's life are food, housing and education. So, I thought let us do housing only as this is the most important thing for any family. Therefore, we decided to construct 300 houses for 10 years. But today, I felt it should be not 10 years but five years.”

Regarding choosing Oman, he said, “Oman created me. My whole young days were spent here. I came here with 7 dollars. Rest of the things, Oman created. That is why Oman. And I am also an Omani citizen. I got my citizenship here.”

The agreement provides for the establishment of integrated housing complexes for the target group if they have lands, or the construction of separate houses for those who will be given land or for those who own unconstructed land or an uninhabitable house. The building area for each home will be 200 square metres at a construction cost not exceeding OM35,000 for each house.

The MoU signing ceremony was held under the patronage of Dr. Laila Ahmed Al Najjar, Minister of Social Development. 

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