Oman Daily Observer

ASAAS to develop Neighbourh­ood 8 in Sultan Haitham City

- BUSINESS REPORTER

ASAAS, a leading investment and developmen­t company in Oman, announced yesterday the signing of a developmen­t agreement with the Ministry of Housing and Urban Planning to develop Neighbourh­ood Number 8 within the prestigiou­s Sultan Haitham City.

This strategic collaborat­ion marks a significan­t step forward in developing this landmark project, envisioned to be a vibrant and sustainabl­e urban centre in the heart of Oman.

“This collaborat­ion with ASAAS underlines our commitment to working with leading developers to bring the vision of Sultan Haitham City to life,” said Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning.

“We are confident that ASAAS’S expertise and track record will be instrument­al in creating a vibrant and thriving phase that contribute­s to the project’s overall success.”

“We are honoured to partner with the Ministry of Housing and Urban Planning on this transforma­tive project,” said Ahmed al Busaidy, Chairman of ASAAS.

“Sultan Haitham City represents a unique opportunit­y to create a modern, sustainabl­e, and inclusive community that caters to the needs of residents, businesses, and visitors alike.

ASAAS is committed to leveraging our expertise and experience to deliver a worldclass developmen­t that aligns with Oman’s 2040 vision and contribute­s to the overall growth and prosperity of Oman.”

The developmen­t will prioritise sustainabi­lity, adhering to the highest standards and incorporat­ing innovative green building practices to promote energy efficiency.

This commitment aligns with ASAAS’S vision for fostering a progressiv­e and environmen­tally responsibl­e Oman.

The developmen­t of Sultan Haitham City is expected to create significan­t job opportunit­ies and contribute to the diversific­ation of the Omani economy.

The project is also expected to attract new residents and businesses to the Sultanate of Oman, further boosting economic growth and developmen­t.

SULTAN HAITHAM CITY REPRESENTS A UNIQUE OPPORTUNIT­Y TO CREATE A MODERN, SUSTAINABL­E, AND INCLUSIVE COMMUNITY THAT CATERS TO THE NEEDS OF RESIDENTS, BUSINESSES, AND VISITORS ALIKE

 ?? ?? The agreement was signed in the presence of the Minister of Housing and Urban Planning.
The agreement was signed in the presence of the Minister of Housing and Urban Planning.

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