The transformation of the historical port into a US$2bn integrated waterfront destination, which includes hotels, residences, food and beverage, retail and entertainment offerings, is inline with the National Strategy for Tourism 2040, a press release said.
Since the initial announcement of the joint venture, extensive project planning and place making research for Muttrah, the district that surrounds MASQ, has been undertaken. This included third-party studies, technical evaluation and traffic flow analysis. After the masterplan was granted approvals from Oman’s Ministry of Tourism, demolishment began as the joint venture prepared sub surfaces for the first phase of construction.
“The redevelopment of Mina Al Sultan Qaboos into an integrated lifestyle destination stems from His Majesty Sultan Qaboos bin Said’s vision of transforming the historical centre of commerce in Muscat into a timeless and thriving economic hub,” said H E Dr Ali bin Masoud bin Ali al Sunaidy, Deputy Chairman of the Supreme Council for Planning, Minister of Commerce and Industry, and chairman of Omran. “The first stage of this project aims to set the foundation for the transformation, enhance traffic management, while establishing the necessary framework that will cement local SMEs’ and Omani nationals’ progressive role within the project.”
“As we pave the way forward, and redefine urban development in the Middle East, Damac once again confirms its commitment to developing a world-class destination in Muscat,” said Hussain Sajwani, chairman of Damac and the joint venture of the MASQ development. “Working closely with local stakeholder, and after extensive planning which included architectural studies and technical due diligence, we have moved forward with the preliminary work that will prepare the port’s conversion into a premium tourism destination.”