Diamond Developers, the company behind The Sustainable City in Dubai, has partnered with Oman Tourism Development Company for the sustainable tourism project, Yiti.
The two companies have formed a joint venture called Sustainable Development Investment Company (SDIC) and the agreement will see the development of the first phase of the Yiti Tourism masterplan.
The first phase of the Yiti project will cover an area of 900,000sq m and will focus on constructing the sultanate’s first fully sustainable mixed-use project. This phase will include green public spaces, residencies, tourism, commercial, and educational facilities, all tied together with well-balanced and integrated components. Visitors and residents will be able to enjoy a variety of lifestyle experiences such as restaurants, cafés, shops, an equestrian centre and a farm.
Hashil Bin Obaid Al Mahrouqi, CEO, Oman Tourism Development Company (OMRAN), said: “The singing further attests to OMRAN Group’s strategic vision in expanding the nation’s tourism sector and continuing to play a pivotal role as a catalyst and enabler of multi-fold, lucrative investment opportunities in the country.”
