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Oman’s Khazaen City Witnesses Great Turnout from Investors

Oman’s Khazaen City Witnesses Great Turnout from Investors

BY Realty Plus
Published - Monday, 20 Jun, 2022
Oman’s Khazaen City Witnesses Great Turnout from Investors

Khazaen City will soon develop infrastructure to meet the increasing demand for investment in the city, including a labour city covering an area of 55,000 square metres. Khazaen Economic City is witnessing a great demand from investors to localise their projects due to its strategic location near Muscat Governorate and Sohar Port.

Last week, Khazaen Economic City signed an agreement to develop and operate the "Labour Village" with Al-Adrak to build on an area of 55,000 square metres, with an investment value of OMR 12 million.

The labour village consists of housing complexes designed with high specifications for housing employees and workers, and the first phase of labour housing complexes will be built on a land area of 25,000 square metres, in addition to the integrated service complex that will be built on a land area of 35,000 square metres.

The labour village aims to accommodate more than 5,000 employees and workers and provide integrated services and facilities such as shopping stores, restaurants, banks, gyms, mosques, clinics, recreational places and other support services. 

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