
Muriya Tourism Development Company is to invest $1 billion in Oman over the next five years.
The Times of Oman reported that Muriya Tourism Development Company plans to invest about $1 billion in the next five years at different tourism development projects, which will be implemented in the Governorates of Muscat and Dhofar, Adil Taqi. They cited chief executive of Muriya Tourism Development Company as their source."Muriya will be the first tourism development company to open a four-star hotel at integrated tourism complexes through Sifawy hotel, which will be opened during the third quarter of this year in Jebel Sifah. The hotel will have 55 rooms and 25 furnished apartments. The company will also be the first to open the Marina, which will be launched this year in Jebel Sifah project as well." stated the Times of Oman.The Times of Oman continues to state that Muriya is currently developing four tourism projects in the governorates of Muscat and Dhofar namely Jebel Sifah, City Walk project in the Governorate of Muscat, Salalah Beach project, which is set up on 15.6 million square metres area, and Al Sodah Island in the Governorate of Dhofar.The Times of Oman cites the Muriya chief executive as saying that while the company is committed to the agreements signed with the government to build 500 rooms at Jebel Sifah project in early 2015, the company will complete the same in 2014 by completing three hotels.Furthermore, they state that the first four-star hotel will be opened in the third quarter of 2011 and the other two five-star hotels will be delivered in 2014 according to the CEO that also pointed out that the Jabal Sifah project will have 805 rooms."Muriya will be the first tourism development company to open a four-star hotel at integrated tourism complexes through Sifawy hotel, which will be opened during the third quarter of this year in Jebel Sifah. The hotel will have 55 rooms and 25 furnished apartments. The company will also be the first to open the Marina, which will be launched this year in Jebel Sifah project as well." stated the Times of Oman.
