MUSCAT: The Ministry of Heritage and Tourism (MoHT) has announced two investment opportunities in the capital. It has invited investment at Athaiba Beach for a multi-use project, including a luxury hotel, classified restaurants and a luxury health centre. The project will cover a land area of 210,807 square metres, and the rental value will be determined through the auction system. There will be an exemption from the rental value, based on the size of the project, for a maximum of five years. The deadline for submitting proposals is February 2 at 1 pm. The submitted offers and concepts will not be considered binding on the ministry until the usufruct contract is signed under the applicable laws and regulations. The second opportunity is for a tourist-classified restaurant in Al Sarooj, with the rental value to be determined through the auction system. The contract period will be 10 years, and the project is targeted at small and medium enterprises (Riyada cardholders). The deadline for submitting proposals is February 20.
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