Retail Services - Entertainment & Media Education and Training Infrastructure and construction Building Roads and Highways

Nakheel Itc Rumais Tender

πŸ›οΈ ALARGAN TOWELL INVESTMENT COMPANY
πŸ“„ Tender ID: 473123957 πŸ“… Published: 11 Jan 2023

πŸ“‹ 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 ministry’s 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.

πŸ” Key Information

πŸ“„
Tender Reference No.
473123957
πŸ“…
Publication Date
11 Jan 2023
πŸ’°
Estimated Value
USD 650000000
🌐
Sector
Retail
πŸ“…
Deadline
31 Dec 2032
πŸ“
Notice Type
Projects
πŸ“
Location
Oman
πŸ“‘
Contract Duration
9 Years 11 Months 20 Days

πŸ“ Documents & Downloads

No documents found

🏷️ CPV

No CPV found

Need help with this bid?

Our bid experts can help you find, evaluate & win more tenders.

🎧 Talk to Bid Expert
πŸ•’ Submission deadline
2253
days remaining Β· 31 Dec 2032
πŸ”” Set Alert

🧭 Quick Facts

Authority ALARGAN TOWELL INVESTMENT COMPANY
Country Oman
State / UT N/A
Tender Type Project Information
Currency USD
Similar Tenders
Loading similar tenders…