About

ASAAS is developing the first mixed-use development in the Ministries District comprising of a 3 star hotel and a shopping centre in addition to the new headquarter of Royal Academy of Management.

The Project is considered a model for Public Private Partnership (PPP), where ASAAS is partnering with the public sector to fulfill their objectives, while achieving good commercial returns for its investors.

Project Overview

Revitalization of the Institute of Public Administration into a world-class training facility, augmented by developing a premium 3 Star hotel and lifestyle retail complex.

Highlight

With direct access to the main road and surrounded by the Ministries area, A’Raya is ne of the most prominent locations in Muscat. ASAAS undertook the redevelopment cost of the Institute in exchange for the right to develop the remaining 26,000 sq. m land for commercial use.

It is the pioneer in Public-Private Partnership (PPP) projects in Oman, ingeniously designed to maximize the gains of the private sector whilst removing the need for government funding for public premises.

Deutsche Hospitality, a reputable German hotel company under the InterCity brand, operates the hotel.

Key Components

Intercity Hotel

  • InterCityHotel run by the reputable hotel operator Deutsche Hospitality
  • G+5 floors, 279 Keys
  • Will uplift the prestige of the entire development
  • Fitness Center
  • 130 basement carpark spaces

A’Raya Shopping Centre

  • Retail space with BUA of 14,400 sqm & GLA of 10,700 sqm, 46 Units
  • Lifestyle themed development
  • Mixed tenants of anchors, F&Bs, service retails & line stores
  • 309 basement carpark spaces

The Royal Academy Of Management

  • Cutting-edge design and facilities
  • 9,000 sqm to cater up to 20,000 delegates annually
  • 6,500 sqm landscape area
  • 210 carpark spaces