Muscat Municipality signs contract for hotel, public park in Al Khuwair

Muscat: A new four-star hotel and a public park will come up in Muscat’s Al Khuwair area at a cost of OMR15.5 million.
Eng Mohsen bin Mohammed Al Sheikh, Chairman of Muscat Municipality (MM) and Eng Khalid bin Hilal Al Yahmadi, CEO of Muscat National Development and Investment Company “ASAAS’ on Monday signed an agreement to invest the MM land in the second stage in Al Khuwair (16,763 square metres) with a usufruct agreement for 50 years.
ASAAS will construct a 4-star hotel and a modern public park at an estimated cost of OMR15.5 million. The project will be operated and managed by Hilton Garden Inn of Hilton Global. The agreement is the first of its kind to be signed with the private sector to set up a public park.