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Now officially known as Al Madina A'Zarqa, though usually referred to by the original project name of ''Blue City'', is a $15 billion project in the Sultanate of Oman. It is spread over 32 square kilometers and 16 kilometers of coastline along the coastal region at Al Sawaadi, 45 minutes from Muscat. When completed, the city will include 20 hotels, hospitals, and university. It will have shopping centers, marina, and schools. Al Madina A'Zarqa supports the government Vision 2020 in diversifying the Sultanate's economy from fossil fuel. The new city will generate large scale employment upon completion. ==About the Blue City== Located on a peninsula 30 minutes from Muscat Seeb Airport, Al Madina A"Zarqa is a waterfront city being built along of shoreline adjacent to the Gulf of Oman. One of the largest scale developments in the Middle East, the Al Madina A'Zarqa represents an investment of between $15–$20 billion. The first round of financing was secured through the issuing of a bond note by Bear Stearns on international markets raising $925 million US. The note was rated Baa3 by ratings agency Moody's in March, 2007, following on from a BBB− rating by Fitch when the note was issued. Bear Stearns was subsequently awarded "Middle East Leisure Deal of the Year 2006" by Project Finance for the arranging of the Blue City note. The organization behind the project is Al Sawadi Investment & Tourism Company (ASIT) which has the endorsement of the government of Oman to bring the development to life. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Blue City, Oman」の詳細全文を読む スポンサード リンク
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