Kuwait Real Estate News
Kuwaiti Investors keen on investing in Sohar
Investors in Kuwait and Oman, will soon enter a joint-venture for the launch of a five-star hotel and commercial center in Sohar, located 200kms from Muscat, with an intention to keep up the industrial and commercial development in the region.
The project will be implemented during the next couple of months, and the hotel will be managed by an international company.
The feasibility study of the project has already been conducted, and will be built to meet the highest standards, and will contribute a major boost to Oman's tourism sector.
The commercial center will include offices and shops built in state-of-the–art manner.
According to sources, investors from Kuwait and Gulf in particular, are eyeing investment opportunities in Sohar, particularly in commercial and hotel centers and the sources pointed to the need for developing the infrastructure of the province.
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