H E Eng Mohsin bin Mohammed al Sheikh, Chairman of Muscat Municipality, and Sheikh Fahad bin Mohammed bin Hilal al Khalili, executive chairman and CEO, Bayan Investment Company, have signed an agreement to set up a industrial complicated in Al Khuwayr in the wilayat of Bausher.
The agreement stated that Bayan Investment Company will use a three,380sq m plot in Al Khuwayr to construct a neighborhood mall, with function beginning inside a single year from the date of signing the contract. The project will be an integrated industrial complicated of two floors with a developing region of six,000sq m with green spaces and outside dining facilities. It will also consist of 36 industrial units spread more than two floors, and 200 parking spaces.
The contract also integrated the improvement and upkeep of Al Khuwayr Park, a quick meals outlet run by a international operator, as effectively as a children’s play region with modern day gear. The agreement is primarily based on Royal Decree 38/2015 concerning the issuance of the Muscat Municipality Law.
Information Source: Muscat Daily