Muscat – Oman Chamber of Commerce and Industry (OCCI) held an investment forum in South Batinah governorate recently with the aim of meeting the objectives of Oman Vision 2040 – creating investment projects and developing tourist sites.
The Investment Opportunities Forum shed light on a group of projects that will be implemented to develop tourist sites, heritage monuments, beaches, traditional markets, commercial markets, taxi parking lots and more.
According to Sheikh Issa bin Hamad al Azri, Governor of South Batinah, the governorate is exerting all efforts to attract investment and develop public facilities.
“The governorate has started implementing 36 projects to develop many of its landmarks, some of which are in their final stages of completion,” Azri informed.
Hamoud bin Salim al Sa’adi, from OCCI’s South Batinah branch, said, “The chamber provides facilities and procedures for business owners with the aim of promoting economic activities and exploiting investment opportunities available in the governorate. The private sector plays a pivotal role in pushing development to the level aspired to in Oman Vision 2040.”
Ahmed Abdullah al Owaisi, chairman of Real Estate Development Committee of OCCI’s South Batinah branch, informed that 20 sites are open for investment in the governorate, including six plots of land in the wilayat of Rustaq, three in Mussanah, two in Al Awabi, six in Barka, two in Nakhal and one in Wadi al Ma’awil.
Nasser bin Rashid al Abri, a member of the Shura Council representing Rustaq, said, “South Batinah Municipality will develop the Ain al Kasfa area in Rustaq. The municipality is now studying the proposals submitted to develop the area and assigning work to contractors.
The Ain al Kasfa hot water spring is a popular destination. Swimming is not allowed at the site, but the spring is frequently visited for its therapeutic sulphur content.