OMR 7 Million Investment Contracts Signed to Boost Al Dakhiliyah Economy

Oman, 23 October, 2024 : Investment contracts exceeding OMR 7 million were signed on Monday in Al Dakhiliyah Governorate, expected to yield an investment return of over OMR 2.7 million. The ceremony was held under the auspices of Eng. Said bin Hamoud Al Ma’awali, Minister of Transport, Communications, and Information Technology.

The contracts aim to stimulate economic growth and enhance commercial services in the governorate's wilayats. This initiative is part of a broader vision to strengthen partnerships between the government and private sectors, attract investments, create employment opportunities for Omani citizens, and boost local content.

Signed by Sheikh Hilal Said Al Hajri, Governor of Al Dakhiliyah, the contracts include the development of the central public transport station in Nizwa and the leasing of properties along key roads and public spaces in Nizwa, Samayil, Al Hamra, Manah, Adam, Bidbid, Izki, Al Jabal Al Akhdar, and Bahla.

Additionally, the agreements cover the installation and operation of advertising dashboards—both printed and electronic—for a period of five years.

Source : www.zawya.com