Printer Friendly

Opening of Nizwa Grand Mall.

Nizwa, May 29 (ONA) ---- (Nizwa Grand Mall) was opened today in the Wilayat of Nizwa in the Governorate of ADakhiliyah under the auspices of Mohammed bin Nasser al- Rasbi, Secretary-General of the Ministry of Defence.

Director General of the Ministry of Defence Pension Fund gave a speech in which he emphasized the Fund's own interest to give priority to the implementation of this project to the small and medium enterprises.

Board Chairman of Amjad Group Holding (the developer of the project), delivered a speech in which he said that the project is distinguished for the existence of the Omani national staff in all of its stages. A presentation was thengiven about the stages of building the mall. The sponsor of opening ceremony accompanied by the attendees toured the mall.

He also laid the foundation stone for the second phase of development of the project, which will include hotel, offices building, and multipurpose hall, in addition to a residential building.

Secretary General of the Ministry of Defence made a statement in which he said: "This mall (Nizwa Grand Mall) is one of the most important real estate investments for the Ministry of Defence Pension Fund , as the fund has adopted a balanced investment policy to diversify sources of income, and the establishment of this centre is also within the general policy of the real estate investment, where the fund seeks to establish real estate projects in all governorates of the Sultanate to activate the economic, tourism and service activities in those governorates.

The mall aims to activate the trade activity in the Governorate of ADakhiliyaand to promote the investment of the pension fund, in addition to the provision of goods and basic necessities and luxuries

The construction area of the project is (36,700) square meters. The mall includes a range of global brands and commercial areas, the central lounge, dining and entertainment area, and retail outlets.

The opening ceremony was attended by a number of commanders of the Sultans Armed Forces corps,some honorablemembers of the State Council, the Governor of ADakhiliyah,Walis,senior officers and officers and a invitees.

--- Ends/MN/FS

Copyright (C) 2016. Oman News Agency. All rights reserved. Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Oman News Agency
Date:May 29, 2016
Previous Article:CMA Issues Insurance Market Review.
Next Article:GCC, UK Hold 5th Ministerial Meeting for Strategic Dialogue.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters