Tag Archives: Abu Dhabi Fund for Development

Abu Dhabi Fund for Development (ADFD) participated in the groundbreaking ceremony for the Integrated Tourism Complex project in Salalah, Oman, with a total investment of AED764.5 million, underscoring its ongoing commitment to enabling key development projects in the tourism sector. The project aligns with the Fund’s broader strategy to foster sustainable growth in partner nations through high-impact projects that promote economic diversification and strengthen tourism infrastructure. Spanning across a total area of 2.5 million square meters in Jinawf, Oman, the development aims to significantly enhance the city’s tourism infrastructure and capacity through the construction of world-class hospitality facilities. Additionally, the project promotes the national goal of economic diversification and reinforces Oman’s position as a leading tourism hub regionally and globally. Attending the investment’s groundbreaking ceremony ceremony was attended on the Omani side by His Excellency Azzan Al Busaidi, Undersecretary of the Ministry of Heritage and Tourism for Tourism, and the Manager of Dhofar Municipality. Representing Abu Dhabi Fund for Development were Eng. Rashid Al Kaabi, Executive Director of the Investment Sector, and Eng. Mohammed Al Hamedi, Technical and Admin Support Manager. Reinforcing the project’s role as one of the most significant UAE investments in Oman’s tourism sector. The first phase of the project spans approximately 604,000 square meters, including the construction of a luxury resort which comprises over 120 rooms and chalets, as well as the developments of the marina, the rehabilitation of coastal and beachfront areas, and the implementation of essential infrastructure works, including roads and public utilities. These integrated components aim to deliver a seamless visitor experience, enhancing Salalah’s tourism profile and contributing significantly to the sector’s sustainable development. H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhabi …

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