Omani group inks usufruct agreement for beach site development
CONSUMER NEWS
National Development and Investment Company (ASAAS) has announced the signing of a usufruct agreement with the Office of the Minister of State and Governor of Musandam to develop the Bassah Beach site in the Wilayat of Khasab, Musandam Governorate.
This will add further momentum to the company’s ambition to help in diversifying the national economy by forging strong partnerships and aligning with the government’s vision to boost tourism contribution to the national GDP while also offering career opportunities for locals, reported Oman Observer.
The agreement was signed recently by Sayyid Ibrahim bin Said al Busaidy, Minister of State and Governor of Musandam, and Abdullah bin Humaid al Maamari, Chairman of ASAAS.
The agreement involves developing a land area of about 73,000 m2 that will feature two key components; a four-star resort as well as a public park to cater for the growing number of tourists visiting this pristine beach.
One of the most beautiful sandy beaches nestled between the rugged dark mountains of Musandam, Bassah Beach is strategically located near Khasab Airport, only 2.6 km from Khasab’s city centre, it added.
