One mile of Ocean Front, $1.6 Billion , One Incredible Real Estate Development.

OMAGINE INC. THROUGH ITS WHOLLY OWNED SUBSIDIARY IS A REAL-ESTATE DEVELOPMENT, ENTERTAINMENT AND HOSPITALITY COMPANY FOCUSING ON MIDDLE EASTERN DEVELOPMENT.

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Message: Aviation Development and Modernization in Oman

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Aviation Development and Modernization in Oman

posted on Jun 29, 09 10:33AM

Dear Omagine Investors,

Improvement of two existing airports, construction of two new airports in the Sultanate, along with radar, meteorological and other airport related infrastructure improvements covering 13 separate agreements were recently announced.

See the general news piece below and a more specific detailing of these agreements from the Ministry of Information -- includingthe largest of such agreements for approx USD 1.17 billion (RO 450 million) awarded to Consolidated Contractors Company (Omagine’s nominated General Contractor for the Omagine Project) and their joint venture partner.

Oman to spend USD 5 bln on developing airports

Big boost for Oman’s aviation sector

Regards,
AGORACOM