MUSCAT: The investment opportunity covers the Al Jabal Al Akhdar Scenic Reserve, Al Hajar Al Gharbi Starlight Reserve and Jabal Samhan Reserve. The initiative will be undertaken by the Environment Authority in cooperation with relevant entities.
Interested investors must submit an expression of interest accompanied by an initial investment concept, along with a company or institutional profile detailing experience in managing and operating similar projects.
Applicants are also required to provide a valid commercial registration certificate and relevant legal documents, as well as a preliminary project proposal outlining the proposed activities, investment value and suggested investment period.
The authority stipulated that successful investors must obtain all necessary approvals and licences from the competent authorities and comply with applicable environmental, health, safety and security requirements.
Investors will be responsible for all costs associated with the development, operation and maintenance of the trails throughout the investment period.
The proposed investment period must be specified in the applicant’s proposal and will be subject to approval by the Environment Authority.
All applications must include the documents specified in the terms of reference for the development, operation and management of mountain trails within the nature reserves.
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