Business | Construction
Salam Yiti project in Oman will generate 2,000 jobs
Sama Dubai, the international real estate investment and development arm of Dubai Holding, on Saturday announced that the $2 billion Salam Yiti project will generate more than 2,000 jobs, while contributing substantially to tourism development in Oman.
- Staff Report
- Published: 00:11 May 25, 2008
Dubai: Sama Dubai, the international real estate investment and development arm of Dubai Holding, on Saturday announced that the $2 billion Salam Yiti project will generate more than 2,000 jobs, while contributing substantially to tourism development in Oman.
Enabling and infrastructure works are under way at the project that will throw open niche career opportunities through its key components of three five-star deluxe hotels, golf course and leisure club, marina and eco-centre, as well as a souk.
Developed in partnership with Omran, a fully government owned company seeking to expand Oman's tourism industry by creating related infrastructure and facilities, Salam Yiti is on schedule for completion in 2013.
Beneficiaries
"Adequately qualified and trained Omani nationals will be the biggest beneficiaries of this employment opportunity at the Salam Yiti project," said Farhan Faraidooni, executive chairman of Sama Dubai
"This is part of Sama Dubai's endeavour to launch developments that enable local communities to be self-reliant and promote the utilisation of indigenous resources in order to contribute effectively to the country's economy."
Voted as 'Destination of the Year 2008' by Vogue magazine, Oman's wadis, diverse landscape and rich culture attract a consistent stream of eco-tourists.
Muscat, the capital, is slated to form a major part of Oman's tourism drive over the next 7-10 years, with a focus on golf and marine activities.
Consequently, Salam Yiti's location with an extensive coastal view will prove ideal for the project's Marina and Diving Centre, which will evolve as a premier destination for the water sports, including sailing and diving.
Regional golfing organisations also see Oman as an excellent opportunity for golf tourism and the development of the sport in the region.
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