• Oman

    • Agreement signed to develop commercial market project worth OMR 2 mln in Ibra

    By on May 24, 2023

    Ibra: The Governor’s Office of North A’Sharqiyah and Amjaad Holding Group signed an investment agreement for a land allocated for a commercial market in the Wilayat of Ibra in the Governorate of North A’Sharqiyah, in order to develop a commercial and entertainment shopping project, at an estimated cost of OMR 2 million.

    The project will be built in the Al-Lama’a scheme in the Wilayat of Ibra, and it will be called (Liwan Ibra). The implementation will be supervised by the Amjaad Holding Group, which operates in various fields. It will be built on a land area of ​​15,000 square meters. It will include retail stores, commercial units, restaurants, cafes, a children’s entertainment center and an events arena and parking lots.

    The project will serve the people of the governorate with a variety of services, and it will be an outlet for families.

    His Excellency Sheikh Ali bin Ahmed Al Shamsi, Governor of North Al Sharqiyah, said in his speech to Oman News Agency: The Governorate of North Al Sharqiyah has paid great attention to the development of the economy, and the creation of an attractive competitive investment environment to provide everything that would advance the governorate, through achieving an effective partnership between the government and private sectors and civil society.

    He pointed out that the project is expected to contribute to the improvement of services and the economy in the local community by providing more advanced, efficient and quality public services, which came within the governorate development programs in the Sultanate of Oman, stressing that the project comes within the objectives of the five-year plan for the development of the governorates by providing a competitive environment that attracts investments.

    The agreement was signed by His Excellency Sheikh Ali bin Ahmed Al Shamsi, Governor of North Sharqiyah, on behalf of the governor’s office, and on behalf of Amjaad Holding Group, Eng. Abdul Rahim bin Suleiman Al Abri, CEO of the group.

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