P40 Selected Construction Projects Box
In March, the Tourism Ministry approved the $1,600 million Omagine development in Seeb. The project will involve the construction of a theme park, hotels, harbour, shopping centre and about 3,900 residential units. Athens-based Joannou & Paraskevaides (J&P - Overseas) is a 15 per cent investor in the project and will undertake the construction work.
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