Oman: Usufruct Agreements Worth RO 3 million Inked

Muscat: The Ministry of Housing and Urban Planning today signed 19 land development (usufruct) agreements in various sectors and in different governorates. The project, worth RO 3 million, will be set up on a total area exceeding 372,000 square meters.

The agreements were signed with the companies executing the projects by Dr. Mohammed Ali Al Mutawa, the Ministry’s Undersecretary for Urban Planning.

The agreements include the establishment of a service centre, a multipurpose hall, factories to produce building material and ready-mix concrete, as well as a water desalination unit.

Moreover, twenty-two usufruct contracts were offered for e-bidding on the “Tatweer” or “Development” platform. The respective land plots are distributed among the Governorates of Muscat, South Al Batinah and Dhofar.

more recommended stories

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.