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$1bn resort being planned for Salalah, Oman

altMarch 18- Ominvest, a property development company in Oman, is planning to build a $1 billion tourism resort in Salalah, the company's chairman said on Wednesday. "The integrated tourist complex will have four hotels and housing units which will be offered for sale to both local and international investors,” said Hani Al Zubair, the chairman, while talking to journalists at an investment forum.

Construction for the project is slated to start at the end of this year or early next year and the resort will be constructed in three phases, added Zubair. "We are building a complete town that caters to both local and international visitors." Other resort developments in Oman include the Wave, Barr Al Jissah and Muriya.


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