Investment Invitation: Luxury Yacht Marina Project in Qurayyat, Muscat

Muscat – May 12, 2025, The Ministry of Transport, Communications, and Information Technology (MTCIT) of Oman has announced a new investment opportunity for the construction, management, and operation of a luxury yacht marina in Qurayyat, located in Muscat Governorate.

The Ministry’s Internal Investment Committee invites qualified local and international companies and investors with experience in marine port development to submit their proposals.

Bidding Schedule:

• Tender documents available: May 12 – June 22, 2025
• Clarification period: June 18 – July 6, 2025
• Proposal deadline: August 17, 2025, at 12:00 PM

Investment proposals must:

• Meet all requirements outlined in the tender documents,
• Be duly signed and stamped,
• Remain valid for at least 12 months,
• And be submitted in PDF format to the designated email.

This initiative is part of Oman’s broader maritime tourism strategy, aimed at attracting foreign investment, upgrading high-end coastal infrastructure, and enhancing the sultanate’s position as a regional hub for yachting and leisure tourism.

With over 3,000 km of coastline, Oman holds significant potential for expanding nautical tourism. Qurayyat, with its proximity to Muscat and pristine natural shores, is considered an ideal site for such development.

Similar projects have already been initiated across the country, including the expansion of Shinas Port and new marina developments in other coastal regions.