Buraimi Governorate Signs Two Agreements to Enhance Local Economy

Oman, 20 September, 2024 :  Buraimi Governorate has signed two agreements with a local company to launch investment projects valued at over RO 3 million. 

The first agreement involves constructing a two-floor commercial complex covering 20,000 sqm, featuring more than 200 shops offering diverse entertainment and retail options. The second agreement establishes a Chinese market occupying over 3,000 sqm, with 100 dedicated shops.

Together, these projects will span a total area of 25,897 sqm and include restaurants, cafés, a children’s entertainment center, green spaces, and parking facilities, creating a comprehensive service destination for the region.

Dr. Hamad bin Ahmed al Busaidi, Governor of Buraimi, emphasized the commitment to strengthening the local economy and fostering an innovative investment environment. He expressed optimism that these initiatives will create job opportunities, boost purchasing power, and attract further investment. 

Work on the projects is expected to commence in the first quarter of next year.

Source : www.zawya.com