Al Buraimi Governorate signs agreement worth over RO 3m to establish commercial projects 

Al Buraimi: Al Buraimi Governorate today signed two agreements with Clear Vision Company to implement two investment projects on a land area of ​​25,897 square metres in Al Buraimi Wilayat, at a value exceeding three million Omani riyals.

The first agreement included the establishment of a two-storey commercial complex with an area estimated at more than twenty thousand square metres, comprising more than two hundred shops, providing various entertainment and marketing options, in addition to many facilities with distinctive artistic touches.

The second agreement included the establishment of a Chinese market that will be built on an area of ​​more than three thousand square meters, and will include one hundred shops for various projects, in addition to restaurants and cafes, an entertainment center for children, a green space, and parking lots, making it an integrated destination that provides a wide range of services and makes it a vital center in the region.

His Excellency Dr. Hamad bin Ahmed Al Busaidi, Governor of Al Buraimi, said: The governorate focuses on strengthening the economy and creating an innovative investment environment, noting that the two projects will contribute significantly to improving the level of services and developing the local economy, expressing his optimism that the two projects will have a positive impact on the governorate’s economy, with a focus on local content by creating job opportunities for the governorate’s people and increasing purchasing power.

For its part, Clear Vision Investment Company, the company implementing the two projects, confirmed that it will work to achieve the desired economic addition by attracting investors and increasing purchasing power. It is expected that work on the project will begin during the first quarter of next year.

 

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