ANKARA : The Ministry of Housing and Urban Planning discussed practical pathways for cooperation and investment with several official and private institutions in Turkey, with a focus on strengthening private sector participation in the implementation of urban projects in the Sultanate of Oman.

The Omani delegation was led by His Excellency Dr. Khalfan bin Saeed Al Shuaili, Minister of Housing and Urban Planning. It included representatives from the Ministry, Khazaen Economic City, the Oman Chamber of Commerce and Industry, and a number of Omani real estate developers.

During the official visit to the Republic of Turkey, the delegation carried out an intensive programme of government and investment meetings, along with field visits to major urban, tourism, residential, and commercial projects.

The visit aimed to expand economic partnerships, attract quality investments, and connect Oman’s major urban development projects with global expertise. It also supported national objectives aimed at building sustainable cities and increasing the contribution of the real estate sector to economic development.

The visit included more than 20 meetings, gatherings, and field visits, bringing together government officials, investors, real estate developers, construction companies, and investment and financing institutions.

The programme featured high-level meetings with Turkish government agencies involved in housing and urban planning, as well as discussions with the Real Estate Developers Association and leading institutions in real estate development, investment, and construction.

The meetings focused on reviewing strategic urban projects in Oman, particularly future cities and integrated residential neighbourhoods. The Omani side also highlighted the Sultanate’s investment environment, relevant legislation, incentives offered to developers, and opportunities for Turkish companies to participate in urban projects in Oman.

Discussions also covered mechanisms to benefit from Turkish expertise in real estate development, project management, modern construction technologies, and digital transformation.

Several key investment-related areas were also reviewed, including off-plan sales, real estate financing, foreign ownership, investment guarantees, registration and classification procedures, local content requirements, and talent attraction.

The field visits enabled the Omani delegation to learn about advanced models in city development, urban redevelopment, mixed-use projects, waterfront developments, and tourism projects. The visits also offered insights into best practices in planning, implementation, and the management of urban communities.

Ali bin Mohammed Al Lawati, Chairman of the Real Estate Development Committee at the Oman Chamber of Commerce and Industry, said the visit marked a strategic step in strengthening economic and investment ties between Oman and Turkey.

He noted that the visit opened new horizons for cooperation between the Omani private sector and its Turkish counterparts, supporting the implementation of urban projects and promoting the exchange of expertise.

Al Lawati added that the Turkish experience demonstrated the importance of treating the real estate sector as an integrated economic engine that contributes to the growth of construction, tourism, services, and finance sectors.

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