Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

about 13 years ago

in response to AGORACOM's message

Great to see more and more of these kinds of references ... $2.5 BILLION

"Oman's Ministry of Tourism, the government body in charge of tapping the Sultanate's travel and tourism potential, recently joined the International Council of Tourism Partners as an alliance member.

The Ministry is thus in a better position to globally promote upcoming tourism developments such as the $2.5bn 'Omagine' project covering a series of Integrated Tourism Complexes in Muscat and the $1bn tourism resort being built in the port city of Salalah."