Oman’s Ministry of Heritage and Tourism have signed an agreement with Qurm Stone Development to develop a tourism project in Muscat, in a $155M deal.
Set to cover an area of 500,000sq m in Muscat governorate, the Yenkit Hills tourism project is set to be implemented and opened in three phases. Phase One will see the development of a new 5-star hotel which will boast 90 rooms and suites complete with a full range of facilities. The second phase will see the construction of 122 upscale residential units, complete with a panoramic commercial complex which will service the area and residents.
The third and final phase will see the construction of another 5-star hotel, complete with 150 rooms and suites. As well as this, a 5-star 50 hotel apartment block complete with facilities will also be constructed in the third phase.
Work on the project will commence next year and is not expected to be completed until 2026.
