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Stone laid for OMR 250m Diar Ras Al Hadd Tourism Project in Oman
November 18, 2016 | 8:17 AM
by ONA
The project includes hotels, retail and cultural outlets, residential villas and water parks.
 
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Ras Al Hadd: 'Diar Ras Al Hadd Tourism Project ' foundation stone has been laid on Thursday.

The event was held in Ras Al Hadd under the auspices of Darwish bin Ismaeel Al Balushi, Minister Responsible for Financial Affairs.

Al Balushi pointed out that Diar Ras Al Hadd will stretch over about 200 hectares of land.

The project includes hotels, retail and cultural outlets, residential villas and water parks.



The location has been selected due to the moderate weather almost all the year and its proximity to Ras Al Hadd Turtle Sanctuary.

While addressing the gathering, the minister said the project, whose capital is estimated at more than OMR250 million, “embodies the strong ties between the Sultanate and the sisterly State of Qatar in all fields including the economic field, such as tourism which is very promising, thanks to the encouraging tourism potentials of the Sultanate which attract investors and visitors from the different parts of the world.”



He added that the project comes in response to the directives of the leaders of both countries to enhance cooperation to reach wider horizons in all economic and social fields.

On his part, Ali Shareef Al Amadi, Qatari Minister of Finance and Chairman of Al Diar Real Estate Investment Company affirmed that the government of the State of Qatar is keen to participate at the development process in the Sultanate by forming solid strategic partnerships that serve the development aims , meet the needs of the Omani society and enhance the prospective economic potentials.

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