Oman unveils OMR 500 million waterfront project in Muscat

19/03/24

Oman’s Ministry of Housing and Urban Planning (MoHUP) has announced plans for a reimagined waterfront project in the capital covering 3.3 million square metres.

Termed as the Al Khuwair Muscat Downtown and Waterfront Development it will be designed by Zaha Hadid Architects, a British architecture and design firm. Most importantly, the sustainability focussed design prioritises the wellbeing of residents and visitors and is expected to redefine urban living.

Muscat’s population is projected to almost double from 1.5 million to 2.7 million inhabitants by 2040. Similarly, the city is becoming increasingly popular with international visitors, with 3 million tourist visits recorded last year. In order to accommodate such growth, the Al Khuwair Development design will transform the current administrative and industrial area of Muscat into a vibrant new district. Furthermore it will provide housing for an expected population of 64,500 residents.

The district will offer five distinct areas - a marina, a recreational waterfront lined with beaches and sports facilities, a canal walkway, a cultural quarter and an MoHUP office. As a result, the mixed use development will cater to government and commercial businesses, together with arts, culture, and leisure spaces.

Continuing Muscat’s rich tradition as a historic port city, the Al Khuwair development is influenced by local culture, with the marina acting as the cornerstone of the project. It will feature a range of attractions while emphasising green spaces along the waterfront. Attractions will include destination dining experiences, luxury retail outlets, health and wellness facilities, hotels and residential spaces.

Throughout the compact and pedestrian friendly development, residents and visitors alike will have the option of a state of the art public transportation system incorporating light rail, bus rapid transit and water taxis.

Business Start Up Oman offers a network of experts and specialists within the lifecycle of a business. We offer expertise in Market Research and Assessment Oman, Oman Business Case, Oman Business Model Development, Feasibility Study and Business Plan Oman, Organizational and Operational Structuring Oman, Oman Sponsorship and Partnership, Company Formation Oman among others.

Please click on the link to learn more about the opportunities and possibilities in the Sultanate of Oman as well as the initiatives of Business Start Up Oman.

Other News

News 11 - BSUO - Thumb

Omans Chamber Commerce signs MOUs to empower SMEs

Omans Chamber of Commerce and Industry (OCCI) recently signed three key memoranda of understanding (MOUs) in a strategic move to support the growth and sustainability of small and medium enterprises (SMES).

The...

Read more
News 10 - Thumb

Oman unveils shore power investment opportunities

Omans Sohar Port and Freezone recently revealed a strategic investment opportunity focused on the development of shore power infrastructure.

The Sohar Port and Freezones ...

Read more
News 9 - Thumb

Oman's Progress on Free Trade Agreement with Singapore

Oman has made significant strides in expanding its trade relationship with Singapore, increasing its exported products from 51 in 2000 to 135 in 2018. This growth underscores Oman’s commitment to becoming...

Read more
News 8 - Thumb

Oman’s SME sector growing with strong government support

Oman’s small and medium enterprise (SME) sector is experiencing significant growth with 141,126 registered SMEs at Q2 2024, as reported by the Authority for Small and Medium Enterprises Development....

Read more
News 7 - Thumb

Oman unveils 151 new investment opportunities

Oman`s Ministry of Housing and Urban Planning (MHUP) recently approved 151 new projects, in a bid to enhance economic growth and sectoral development. Announced on the Tatweer platform, these initiatives...

Read more
News 6 - Thumb

Oman Business Platform hits record transactions in H1 2024

Oman`s Business Platform facilitated a record 487,300 commercial transactions for the first half of 2024, figures from the Ministry of Commerce, Industry and Investment Promotion show.

During the first...

Read more
News 5 - Thumb

Oman’s Economic Growth driven by manufacturing in 2024

Oman’s Ministry of Economy reported that in the first quarter of 2024, the manufacturing sector has emerged as the leading performer among key economic diversification sectors.

This notable achievement...

Read more
News 4 - Thumb

Oman leading the way in arid agriculture innovation

Oman is revolutionising its agricultural industry by deploying innovative technology solutions to increase the Sultanates self sufficiency.

The country is embracing a groundbreaking agricultural technique...

Read more

Page Break