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Sultan Haitham City project to provide 50,000 jobs, allows foreign ownership: Minister

His Excellency Khalfan Al Shueili says 60% of the contracts for the first phase of Sultan Haitham City have been approved.

TAS News Service

info@thearabianstories.com

Tuesday, June 20, 2023

MUSCAT: The iconic Sultan Haitham City is expected to provide 50,000 jobs and will also allow foreign ownership, the Minister of Housing and Urban Planning said.

In a media briefing, His Excellency Khalfan Al Shueili said that the Sultan Haitham City targets the eligible who are within the system of granting government residential lands, allowing foreign ownership, and aims to allocate 5% of the residential units in the city for the housing assistance program.

He also informed that 60% of the contracts for the first phase of Sultan Haitham City have been approved, and it will be implemented phase wise within 10 years.

The city will cover an area of approximately 15 million square metres, with a focus on utilising green spaces estimated to be 2.9 million square metres. The city will house 100,000 residents and will have 20,000 residential units of different styles.

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