One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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INFRA OMAN 2013 (#17 below)

1. Oman Vision 2020:

The Eighth Five-Year Plan (2011 and 2015) expenditure has been hiked from US$ 111.8 billion to US$ 150 billion.
Oman has allocated US$ 6.5 billion a year to investment projects.
• Almost half of the country’s 8th Five-Year Development Plan is committed to overhauling roads, ports and airports
with the objective to link the three modes of transport to improve interconnectivity.

2. The Ministry of Transport & Communications has started an ambitious plan to complete several infrastructure
development projects with a total estimated cost of US$ 22.1billion. US$ 7.8 billion has been earmarked for road
projects through the year 2013. US$ 1.3 million on projects to ease traffic problems within the city of Muscat.
• US$ 1.5 billion to be invested in 35km sea bridge connecting Masirah Island to the mainland.
• US$ 4.2 billion to airport expansion and construction 2 international airports under construction (Muscat & Salalah)
4 domestic airports (Sohar, Duqm, Ras Al Hadd and Adam).
• US$ 1.3 billion to the development of Oman’s sea ports

3. The GCC railway network is estimated to have a capital expenditure of US$ 11.2 billion. The Sultanate’s ambitious
railway project is estimated to have a capital expenditure of US$ 5.305 billion for the first 1,061km in the first phase
of the project. Oman’s railway will have a double line, preferably electric traction power, with a speed of 200 kph for
passenger trains and 80 -120kph for goods trains.

4. Oman to invest US$ 2.9 billion in utility: Oman represents one of the fastest growing power and water sectors in the
Middle East region with electricity and desalinated water demand expected to increase until 2017 at an average
growth rate of about 9%.

5. The Public Authority for Electricity and Water (PAEW) launches water projects worth US$ 208 million.

6. Oman government is planning to invest US$ 7.5 billion for developing water transmission and pipeline network for the
next twenty years under a long term master plan.

7. Haya to invest US$ 2.6 billion in the next 5 years, until 2018, to implement various sewage projects in the country.

8. The Public Establishment for Industrial Estates (PEIE) is investing US$ 304 million in three industrial estates – Rusayl,
Sohar and Nizwa which will be completed by 2015.

9. US$ 260 million to develop and improve the infrastructure in several industrial estates in the future as it pays great
attention to the industrial sector and the industrial zones.

10. US$ 4.42 billion spent on the Special Economic Zone at Duqm.

11. US$ 15 billion investment in Salalah Free Zone by 2025.

12. Al Buraimi Industrial Estate has already attracted over US$ 187 million domestic and foreign investment for industrial
activities.

13 Ministry of Health to build US$ 1.48 billion medical complex in the Northern Coastal Region of Batinah

14 US$ 1 billion medical city project in Salalah to commence later this year.

15. Total spending on building construction in Oman is expected to reach more than US$ 27 billion by 2014.

16. Government spending US$ 208 million annually to implement housing projects.

17. US$ 1.2 billion for Omagine tourism, beach front cultural and residential project facing the Gulf of Oman

18. US$ 1 billion to be invested by Muriya Tourism Development Company in the next four years for tourism development
projects.

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