Sultan Haitham City will meet the aspirations of youth in the Sultanate of Oman and open up many opportunities for them at various stages of its implementation, according to experts.
Younis al Harrasi, Deputy Chairman of Oman Real Estate Association (ORA), said that the proposed Sultan Haitham City is expected to create a significant economic impact upon completion.
It is going to open up opportunities for different businesses in the economic supply chain like contractors, developers, suppliers of building materials, consultants, brokerage companies, marketing agencies, and many more,” Younis al Harrasi said.
Al Harrasi, also the CEO of Tibiaan Properties, further said that the project would be delivered through partnerships between public and private sectors, accelerating the implementation and enhancing its competitiveness and creativity. Also, due to the size of the project, there is an opportunity for forming consortiums between the different developers here in Oman which will send positive messages about the Omani economy and is expected to generate interest from various international investors as well.
Siham al Harthy, Founder of Siham Development and Investment, opined that Sultan Haitham City was designed in accordance with strategic objectives related to the themes and priorities of Oman Vision 2040, such as creating smart, sustainable, vibrant cities and balanced and fair development.
“Investing in such cities is an investment in the quality of life in itself, so the ratio and proportionality between the spaces occupied by construction and green spaces should be taken into consideration to create a healthy environment for the residents in the city with the presence of gardens for children to interact with and with the outside environment, and for young people and the elderly to exercise,” she added.
“Sultan Haitham City is one of the integrated cities and will contain various services in various sectors, and the largest sector in it will be the real estate, health, education, sports, and youth sectors, and all these sectors constitute promising investment opportunities and will be transformed into projects to serve more than 100 thousand people,” Siham al Harthy said.
Speaking to the Observer, a senior official from the Ministry of Housing said that the project would be a geographically inclusive development that follows a decentralized approach and develops a limited number of major urban centres and sustainable land use whose pillars are based on a competitive economy, creative human society, a responsible state apparatus, and a sustainable environment.
“We make a real difference in urban planning in line with Oman Vision 2040 and the general framework for controlling and directing urban development in the various governorates to achieve a balance between the requirements of economic and social growth and the preservation of natural resources and cultural heritage for future generations,” he said.
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