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Oman’s housing ministry signs 12 usufruct contracts worth over RO 2.6 million

The Ministry of Housing and Urban Planning, in cooperation with the Ministry of Agricultural Wealth, Fisheries and Water Resources, and the Public Authority for Small and Medium Enterprises, signed 12 usufruct contracts in the agricultural and industrial sectors.

TAS News Service

info@thearabianstories.com

Tuesday, March 12, 2024

MUSCAT : The usufruct contracts, with an investment value exceeding RO 2.6 million, include 6 in the agricultural field related to food security, distributed among the governorates of Al Dhakiliyah, Al Dhahirah, North Al Batinah, South Batinah, and North Al Sharqiyah, and 6 industrial contracts for small and medium enterprises distributed among the governorates of Al Dhakiliyah and North Al Sharqiyah and North Batinah and South Batinah.

Speaking at the signing ceremony, Ahmed bin Saud al Kamyani, Director General of Lands at the Ministry of Housing and Urban Planning, indicated that 800 investment opportunities will be offered, during 2024, in various governorates through the ‘Tatweer’ platform, including 200 lands for auction, and 200 agricultural projects within specific activities.



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