UK-listed property developer Dar Global announced on Monday that it has awards two contracts worth 23.4 million Omani rials ($61 million) for the first phase of its flagship AIDA project in Oman.

Press statements issued by the developer announced the award of an OMR14 million ($36 million) main works construction contract for Phase 1 villas to Towell Construction & Co, and infrastructure works contract worth OMR 9.4 million ($24 million) to Oman Shapoorji Company.

Phase 1 is set for completion in 2027.

Spanning 5 million square metres in Muscat, AIDA is a joint venture between Dar Global and Oman’s tourism development organisation Omran Group and integrates luxury golf, residential, and hospitality components.

(Writing by P Deol; Editing by Anoop Menon)


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