Almouj
Project / Development
New master plan in two months
By Vinod Nair — MUSCAT: August 31: The new masterplan for Al Mouj Muscat (earlier The Wave, Muscat), will be unveiled in the next two months, subject to approvals from the authorities. It was also revealed that the Kempinski hotel project will be ready by late next year, while the Shaza hotel project will be completed in 18 months. Hawazen Esber, CEO of Al Mouj Muscat, said, “All phases of Al Mouj Muscat will be completed by 2022-23 and the new masterplan will focus on new amenities like more hotels, harbour-side piazza, food and beverage outlets, high-end houses and as well the mid-market segment. The plan is aimed at developing the Al Mouj as a full-fledged destination.” David Stafford, VP, sales and marketing, Al Mouj, said, that low oil prices have not had any impact and sales are still at its highest levels. Al Mouj Muscat is home to over 4,000 residents and this number is expected to grow by more than 50 per cent in the next few years. The planned development with its integrated lifestyle experience has appealed to people from 69 nationalities with Omani citizens representing the largest single nationality.
Al Mouj · Oman · 30 Aug 2015
Linked: Al Mouj