Oman needs 911,400 more housing units by 2040

A new draft law will be ready in the last quarter of 2021

  
Image used for illustrative purpose. Aerial view of Muscat, Oman traffic.

Image used for illustrative purpose. Aerial view of Muscat, Oman traffic.

Getty Images

Oman - A new draft law will be ready in the last quarter of 2021, which will be also marked as the year of transparency, said the government on Monday.

Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, said: “The new plans and focus are necessary because the population of Oman is expected to reach between 7.1 and 7.5 million by 2040, which may need around 911,400 more housing units’’, he said.

Speaking to the media, he said that there has been an accumulation of housing applications registered in some governorates since 2008 due to the non-availability of suitable lands in those regions.

“As part of its efforts to achieve the main objective of granting lands to those who deserve it, the ministry continues to necessary plans to accommodate the largest possible amount of these requests. The plan for 2021 includes the distribution of 23,066 plots of land in the various governorates of the Sultanate.”

Nearly 60 per cent (269,316) of the total requests (447,612,) for land were received from women, the ministry revealed on Monday.

The plan for 2021 will be in line with the national priorities of Vision 2040 and based on the National Urban Development Strategy — performance indicators, initiatives and ambitious projects. The ministry’s strategy is based on a basic foundation, which is the institutional culture. It is based on four priorities and with clear objectives: Competencies and capacity building, digital transformation, governance and legislation, identity and communication.

On the issue of allowing vertical development, the minister said one of the distant features of Muscat is that it is free of skyscrapers, but that does not mean the door to vertical expansion — towers and skyscrapers — is closed. He said the vertical model of development has its benefits in delivering services and infrastructure at lower costs and faster.

Meanwhile, a ministry official said that what is being said about granting of lands worth tens of thousands of square metres to one person is unfounded.

2021 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Real Estate