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Khazaen Economic City LLC (KEC), the master developer of the first integrated economic city in northern Oman, has announced its plan to establish a state-of-the-art Central Fruits & Vegetables market in the new city.
Khazaen Central Fruits & Vegetables market is planned to be developed over 430,000 sqm land. It will include shaded and air-conditioned areas for wholesale outlets and retail shops.
The market will provide world-class infrastructure and facilities and adopt best international practices in infrastructure development, storage, packaging, handling, transportation, parking and value-added services. The central market will also provide complete warehousing and cold storage logistics solutions for multiple products such as fruits, vegetables, fish and meat.
“Fruits and vegetables consumption volume in Oman has increased at a compounded growth rate of 14.1 per cent during the last five-year period to reach 1.94 million tonnes in 2017. The increasing urban population, rising tourist arrivals, growing food consumption and evolving consumer preferences for year-round demand for fresh and quality produce are factors driving the demand for the new central fruits and vegetables market in Khazaen,” Eng Kalat al Balushi, Chairman of KEC, said promoting the attractive opportunity for local and international private sector developers and investors, and inviting them to be the largest provider of fresh products in Oman.
Khazaen Central Fruits and Vegetables Market will serve as a one-stop hub for the retail and wholesale activities of fruits, vegetables, fish and meat in Oman by consolidating importers, exporters, wholesalers, retailers and consumers in one central destination.
KEC has appointed Colliers International, a top-tier global real estate services and investment management company with more than 12,000 skilled professionals operating in 69 countries, to market the project to regional and international developers, operators and investors. KEC is seeking proposals from local and international private sector developers, operators and investors to design, build, finance and operate the proposed Central Fruits and Vegetables Market in Khazaen.
Interested developers, operators and investors are invited to purchase the tender from Khazaen’s head office, in Al Thabat Building, Airport Heights, and submit their proposal as per the tender process.
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