The Development Bank finances 610 tourism projects in different governorates of Amman



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10 11 2018

The Oman Development Bank has financed more than 610 tourism projects in various governorates of the Sultanate, for a total amount of 52 million rand.

A number of employees of the Omani Development Bank and the Ministry of Tourism of Al-Wusta governorate attended the meeting, as well as a number of representatives of Rashda and Al-Wusta. ; Aayan. And Central Province investors who want to invest in the tourism sector.

Zahran bin Issa Al Rawahi, branch director of the Oman Development Bank in Duqm's Wilayat, gave a speech to the Oman Development Bank, stressing that the tourism sector pays particular attention to the tourism sector: funded 610 projects over a 9 year period rising to 52 million rand. The Central Bank was financed for a total of R156 million and continues to fund the sector with greater dynamism in order to follow the government's strategic plans and programs for the sector, underlining that the Bank would support the efforts deployed. by the Ministry of Tourism to develop this sector.

Mr. Yaqub bin Humaid Al-Shuraiki from the Ministry of Tourism presented a visual presentation entitled "Procedures for the Establishment of Hotel Projects on Private Lands". He reviewed the types of hotel projects, explained the conditions for obtaining a tourist project approval, the application mechanism, the required documents, the number of tourist resorts, hotels and restaurants. of hotels, tourist resorts, camps and toilets.The official from the Ministry of Tourism explained the basic criteria for the classification of tourist establishments in general and hotels in particular.

Sheikh Zayed Bin Al Jabri Ali presented a working paper on the financing services provided by the Oman Development Bank and reviewed the Bank's main financing activities and the conditions for obtaining financing based on these products. He pointed out that between October 2009 and October 2018, and 513 loans, with a total value of 9,426,593 OW, have varied between value-added and value-added production and service projects, which has helped to open up the business horizons of national executives.

Salim Bin Ali bin Suwaidan Al Ma & amari and Saeed Al Saadi reviewed two success stories of Central and Central Sawa enterprises in Al Wasta governorate, to inspire entrepreneurs to the search for entrepreneurship in the sector. Tourist in Central Province.

Sheikh Ahmed bin Al-Busaidi, Deputy Governor of Muhout, attended the ceremony in memory of the participants. Ham Bin Salem Al Harthy, Head of Micro, SME and Portfolio Management at the Development Bank of Muhut Oman, gave a gift to his sponsor.

© Vision 2018

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