π Tender Overview
Scope of Work:
Construction of Al Nakheel ITC project in Al Rumais.
Description:
With 1,436 residential apartments, villas and town houses that will be available for ownership to both citizens and expatriates, the Al Nakheel ITC project spread over 500,000sqm will be ready in 10-15 years.
Phase 1 (A) of the project was launched at a ceremony held at W Hotel Muscat on Sunday. Construction of Phase 1 (A) of the project, which includes internal roads and other infrastructure, Crystal Lagoon with recreational facilities, a four-star hotel with 188 keys, a traditional souk, apartments and residential villas will start in 2022. The project aligns with the ministryβs plan to build a diversified tourism sector that meets the needs and requirements of the domestic and regional tourism industry. The project will enhance competitive capabilities of the country, combining natural, historical, cultural, heritage and social elements that are unique to the Gulf region. The Al Nakheel ITC project is located in Al Rumais, which links Muscat governorate with the wilayat of Barka. The development is distinguished by an 830m waterfront overlooking the Sea of Oman. It includes a shopping mall, an international school, several speciality restaurants, an aqua park and other entertainment and service facilities.
It aims to create a tourist destination in Barka that is attractive to citizens, residents and tourists visiting Oman. In addition to the Crystal Lagoon and its other design characteristics, the Al Nakheel ITC project will be distinct from other ITC projects by virtue of reasonable pricing of residential units which will be within the reach of citizens and residents alike. The project aims to strengthen infrastructure of the tourism sector, increase the number of hotel rooms, create rewarding employment opportunities for Omanis, and achieve other goals that are related to the development of the tourism sector in the sultanate in line with Oman Tourism Strategy 2040. ALARGAN Towell Investment Company, the main investor in the project, was founded in 2003 in Oman as a strategic alliance between WJ Towell and ALARGAN International Real Estate Company.