National Development and Investment Company (ASAAS) has announced the signing of a usufruct agreement with the Office of the Minister of State and Governor of Musandam to develop the Bassah Beach site, in the Wilayat of Khasab, Musandam governorate.

A report by the Oman Observer said that the signing would add further momentum to company’s ambitions of helping diversify Oman’s economy by forging strong partnerships and aligning itself with the Sultanate’s vision of boosting its tourism contribution to its national GDP, while also offering career opportunities to Omani locals.

The agreement was signed by Sayyid Ibrahim bin Said al Busaidy, Minister of State and Governor of Musandam, and Abdullah bin Humaid al Maamari, Chairman of ASAAS, the report added.

It will involve the development of a 73,000sqm land area, featuring two key components: a four-star resort, as well as a public park to cater for the growing number of tourists visiting this pristine beach.

A sandy beach situated between the mountains of Musandam, Bassah Beach is strategically located near Khasab Airport, only 2.6 km from Khasab’s city centre, the report added.