Ministry of Regional Municipalities signs agreements for 3 investment sites

Muscat: The Ministry of Regional Municipalities and Water Resources has signed three agreements for investment sites.

A statement issued online by the ministry said: "The Ministry signed on Monday at the Ministry’s general office, three agreements to benefit from the investment of its affiliated sites”

The statement pointed out that: “The value of its investment contracts exceeding MRO 6 millions and its distribution in industrial Ma’abailah in the wilayat of Seeb in Muscat Governorate, a site in the wilayat of Nakhal in the Governorate of South Al Batinah and the third site in the wilayat of Buraimi in Buraimi Governorate.”

Ahmed bin Abdullah Al Shehi, Minister of Regional Municipalities and Water Resources, said: "After the signing of agreements with investors, which was signed remotely, the ministry seeks to promote and develop the investment aspects in the lands and its affiliated sites and work with the private sector in sustainable development.”

“This will provide opportunities for investors, in addition to supporting small and medium enterprises and providing jobs for youths," he said.