Muscat Airport City expects $1.5bn in foreign investment - Arabianbusiness:
The recently announced Muscat Airport City could attract investments of over $1.5 billion over the next 20 years, according to officials.
Part of the Sultanate’s National Aviation Strategy 2030, Muscat Airport City will be established in several phases, according to Oman Aviation Group.
“The plan aims to achieve the highest levels of utilisation of the new airport’s high capacity and the increasing air traffic,” Oman Aviation Group said. “It also takes advantage of the land area surrounding the airport to create a stimulating environment for the establishment of aviation-related projects.”
Speaking to reporters last week, Oman Aviation Group CEO Mustafa Al Hinai said as that “as per the estimates, the total investment in all the phases [of Muscat Airport City] would easily exceed $1.5 billion, which will span over a period of years.”
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Part of the Sultanate’s National Aviation Strategy 2030, Muscat Airport City will be established in several phases, according to Oman Aviation Group.
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Part of the Sultanate’s National Aviation Strategy 2030, Muscat Airport City will be established in several phases, according to Oman Aviation Group.
“The plan aims to achieve the highest levels of utilisation of the new airport’s high capacity and the increasing air traffic,” Oman Aviation Group said. “It also takes advantage of the land area surrounding the airport to create a stimulating environment for the establishment of aviation-related projects.”
Speaking to reporters last week, Oman Aviation Group CEO Mustafa Al Hinai said as that “as per the estimates, the total investment in all the phases [of Muscat Airport City] would easily exceed $1.5 billion, which will span over a period of years.”
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