PNC Menon, Indian businessman provides near OMR10M to Oman to construct homes for vulnerable
PNC Menon, an entrepreneur of Indian origin and founder of the Sobha Group, gave OMR 9.6 million over ten years to construct 300 homes for orphans and low-income families in Oman
19th of April 2023

New Delhi, India: PNC Menon, an entrepreneur of Indian origin and founder of the Sobha Group, gave OMR 9.6 million over ten years to construct 300 homes for orphans and low-income families in Oman, according to the Times of Oman. The three most crucial aspects of one’s life, according to Menon, are food, shelter, and education.
“Since housing is the most crucial component for any family, I reasoned that we should focus entirely on it. So we decided to build 300 homes over a ten-year period. I thought it should be five instead of ten years,” he stated while interacting with reporters.
For the ‘SAS’ project idea, Al Rahma Association for Motherhood and Child Welfare and ‘Sobha Group’ inked a contract of understanding. Sana Abdul Rahman Al Khanjari, the chairwoman of the Al Rahma Association, and the board of directors of Menon signed the MoU, according to the Times of Oman.
The businessman of Indian descent claimed that he selected Oman because the nation formed him. He added, “I spent my entire formative years here. I brought $7 to this place. Oman created the rest of the items because of Oman. Additionally, I am an Omani citizen. Here, I obtained my citizenship.”
According to the Times of Oman, the MoU calls for the construction of separate houses for people who will be given land, those who possess undeveloped property, and those who own uninhabitable homes or integrated housing complexes for the target population if they have landed.
The Minister of Social Development, Dr Laila Ahmed Al Najjar, presided over the MoU signing ceremony. According to the agreement, each home would have a building size of 200 square metres and cost no more than OMR 35,000 to construct.
Latest
- St Kitts and Nevis showcases culture and investment opportunities at Osaka Expo 2025
-
Jamaica launches health insurance plans for creatives and entertainers -
Jamaica: Nine prisoners escape from Constant Spring Police Lock-up in St Andrew -
Jamaica’s 19th General Elections set for September 3, 2025, as nominations close -
Guyana: GECOM Hosts Orientation for 700 Observers Ahead of September 1 Elections
Related Articles

1st of December 2024

9th of December 2024

29th of November 2024

22nd of November 2024

21st of November 2024


25th of November 2024

18th of November 2024