06 November 2018
Groundwork is currently underway at Mina Al Sultan Qaboos (MASQ) project, a joint venture (JV) between Dubai-based Damac Properties and Oman Tourism Development Company (Omran), it was announced on Tuesday.
Damac said in a press statement that the JV undertook "project planning and place making research for Muttrah, the district that surrounds MASQ," which included third-party studies, technical evaluation and traffic flow analysis.
It said after the master plan was approved by Oman's Ministry of Tourism, demolishment began to prepare the sub-surfaces for the first phase of construction.
The statement said an on-site discovery centre would be set up on the project site by the first half of 2019 to showcase the masterplan and the heritage of Muttrah using technologies like virtual reality.
Ali bin Masoud Al Sunaidy, Deputy Chairman of the Supreme Council for Planning, Minister of Commerce & Industry and Chairman of Omran said in the statement that the first stage aims to set the foundation and enhance traffic management for the project and establish the necessary framework that will cement the roles of local SMEs and Omani nationals within the project.
Damac chairman Hussain Sajwani added that the JV has moved forward with the preliminary work to prepare the port's conversion into a premium tourism destination.
MASQ aims to transform the historical port into a $2 billion integrated waterfront destination, which includes hotels, residences, food and beverage, retail and entertainment offerings in line with the National Strategy for Tourism 2040, according to the statement.
(Writing by Anoop Menon) (firstname.lastname@example.org)
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