Muscat: Qurayyat Development Company launched the commercial identity of (Hayy Al Sahil) project in the Wilayat of Qurayyat in the Governorate of Muscat.
Hayy Al Sahil project aligns with the government's plans to enhance tourism as one of the sectors of economic diversification programme within the 10th five-year plan. The cost of the project is estimated at RO 385 million. The first phase of the project will cost RO 40 million.
The identity launch ceremony was held under the auspices of Shaikh Dr Yahya Sulaiman al Nadabi, Wali of Qurayyat. He stressed the importance of the project in reviving tourism and economic activity in Oman.
He added that tourism is one of the promising sectors. He pointed out Oman Vision 2040 targets optimal utilization of the rich tourism potentials enjoyed by the Sultanate of Oman.
Shaikh Hilal Khalid al Maawali, Chairman of the Board of Directors of Qurayyat Development Company, said that the project will be developed in three phases due to its large size. He added that it will constitute a valuable addition to the infrastructure of Omani tourism. He pointed out that the project will position the Wilayat of Qurayyat as an attractive destination for mega projects that will benefit everyone, especially citizens of Qurayyat.
Eng Khamis Mubarak al Kiyumi, Chairman of the Board of Directors of Al Madina Real Estate Company (the main developer of the project), said that the basic designs of the project were envisaged to combine modernity and the original Omani architectural touch. Hence, visitors and tourists will enjoy the Omani authentic features while touring the 1.3 million-square-metre project.
Hayy Al Sahil project will enhance the utilization of the fishing port by developing a floating dock for yachts, which will facilitate visitors' movement across Muscat's tourist ports and other tourist ports in Oman.
The first phase of the project includes preparing the infrastructure for the project, building 400 housing units, and establishing a 4-star hotel with 220 hotel rooms, including 100 chalets, as well as a residential commercial district (boulevard) on an area of 53,000 square metres.
The second phase, which is the largest in the project, will add 1,600 residential units and a large mosque on a 10,000 square-metre area, in addition to a 3-star hotel housing 150 rooms. The second phase will also include expanding the first 4-star hotel on the waterfront by adding 120 rooms and suites.
As for the third and final phase, it will include constructing 3,000 different housing units ranging between apartments and villas and 36 luxury villas on the waterfront of the project, in addition to adding 180 new rooms to the 3-star hotel, and establishing another 5-star hotel with 200 rooms. --ONA