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Gulf Press > Gulf News > New investments to boost the economy of Al Dakhiliyah
Gulf News

New investments to boost the economy of Al Dakhiliyah

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Last updated: 2024/10/21 at 11:33 PM
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Investment contracts worth over OMR7 million were recently signed with various companies in the Al Dakhiliyah Governorate, generating an investment return of more than OMR2.7 million. The ceremony, presided over by Eng. Said bin Hamoud Al Ma’awali, Minister of Transport, Communications and Information Technology, aimed to boost economic growth and commercial services in the region. This initiative reflects a vision to foster partnerships between the government and private sectors, attract investments, create job opportunities for Omani citizens, and enhance the local economy.

Governor of Al Dakhiliyah, Sheikh Hilal Said Al Hajri, oversaw the signing of the contracts. The agreements include plans for the development of the central public transport station in the Wilayat of Nizwa and the leasing of properties along main roads, internal streets, and public areas in various Wilayats such as Nizwa, Samayil, Al Hamra, Manah, Adam, Bidbid, Izki, Al Jabal Al Akhdar, and Bahla. Additionally, the contracts involve the installation and operation of advertising dashboards, both printed and electronic, for a period of 5 years.

The signing of these investment contracts represents a crucial step towards stimulating economic growth and development in the Al Dakhiliyah Governorate. By fostering partnerships between the public and private sectors, the initiative aims to attract investments, facilitate job creation, and enhance the overall local economy. The agreements also focus on the development of key infrastructure projects, such as the central public transport station in Nizwa, which will contribute to improving transportation services in the region.

By focusing on the development of infrastructure projects and fostering partnerships between the public and private sectors, the investment contracts aim to create a conducive environment for economic growth in the Al Dakhiliyah Governorate. These initiatives will not only attract investments and create job opportunities for Omani citizens but also contribute to enhancing the overall commercial services and economic activity in the region.

The signing of these investment contracts in the Al Dakhiliyah Governorate is a significant milestone in the efforts to boost economic growth and development in the region. By promoting partnerships between the government and private sectors, attracting investments, and creating job opportunities for Omani citizens, the initiatives are poised to make a positive impact on the local economy. The development of key infrastructure projects and the operation of advertising dashboards are expected to further enhance the commercial services and economic activity in the Wilayats of Nizwa, Samayil, Al Hamra, Manah, Adam, Bidbid, Izki, Al Jabal Al Akhdar, and Bahla.

Overall, the signing of these investment contracts in the Al Dakhiliyah Governorate underscores the commitment of the government to promote economic growth and development in the region. By fostering partnerships between the public and private sectors, attracting investments, and creating job opportunities for Omani citizens, the initiatives aim to enhance the local economy and commercial services. The development of key infrastructure projects and the operation of advertising dashboards are expected to further stimulate economic activity and contribute to the overall prosperity of the region.

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News Room October 21, 2024
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