Khasab and Shinas Twin-Cities Development Project is a Vision taken
from the calls of His Majesty Sultan Qaboos to develop the Northern
Regions of Oman. This vision was explored by Al Mithaq Investment
and Development Company LLC (AM). This vision was to create both
cities with major development in Tourism, Residential, Commercial
The Khanjar Island landuse plan aims to create a one of a kind ITC destination in Oman. The landuse mix
proposed in the island focuses on high-end living which will target international investors. This compliments
the land-use mix proposed in the main land, which is designed to be more serviceable to the existing
population of Shinas and compliment the premium residential development on the island. The site boundary
encompasses 3838 Ha of area of which about 1399 Ha of the area is to be developed.
Opportunity for Private Equity Investments in ‘Smart Growth Twin Cities”’ for Institutional and Private investors
with allocations of minimum USD 50 Million Private Equity Capital with 20% IRR.
“Smart Growth Twin Cities investment” in real estate and industry development which take place in urban north of the Sultanate of Oman and span residential, retail, commercial, office, hospitality, utility sectors and industrial. The guiding principle of “Smart Growth investment” is cash flow to investors and long term benefit to communities and businesses.
“Smart Growth Twin Cities” assets and projects sustain services, industry, infrastructure, and employment by the: (a) upgrade of under-performing and impaired urban locations; (b) adaptive renewal of physical sites and properties; (c) expansion projects of operating businesses.
“Smart Growth Twin Cities” investments thrive on private sector finance and management with environmentally and socially-responsive practices, to build-up cash flows during the investment term and capital gains at exit: (1) equity + debt finance with low leverage; (2) sustainable development practices and hands-on management.
TWIN CITIES investments thrive on private equity sector finance and management with environmentally and socially-responsive
practices, to build-up cash flows during the investment term and capital gains at exit: (1) equity + debt finance with low leverage;
(2) sustainable development practices and hands-on management.