The foundation stone for the new Salalah Grand Mall project in Salalah city was laid this week as part of Oman's Renaissance Day celebrations.

The project is being developed by Oman's Ministry of Defence Pension Fund and Al Madina Real Estate Company.

The event was held under the auspices of Sayyid Mohammed bin Sultan bin Hamood Al Busaidi, Minister of State and Governor of Dhofar.

Leading Omani property developer Al Madina Real Estate earlier said it was looking to replicate the success of its Muscat Grand Mall with the Salalah project.

An official said the company was looking to develop the project as a mixed-use development, but will start off initially with the Salalah Grand Mall in Phase One.

A new eco-lifestyle resort under the ‘Agarwood’ brand is being built near the mall. Part of the Millennium & Copthorne chain, the 286-key resort encompasses a hotel, villas and apartments.