22 January 2020
Bin Al Sheikh Holding is planning to award the construction contract for its Oman Gate tourism project, located in Al Seeb in Muscat governorate, in two months, a company official said.
The official, who wished to remain unnamed, told Zawya Projects that the qualification invite has been issued and proposals would be invited at the second stage.
"A construction contractor is expected to be selected in two months," he said, adding that the iconic development would also include a 65-key hotel, 21 hotel apartments and an exhibition centre.
In May 2019, Qatar-based newspaper Gulf Times had reported that Bin Al Sheikh Holding had signed a usufruct agreement with Oman's Ministry of Tourism for 50 years for developing a tourism project at Al Seeb. The report said the estimated 1.2 billion Qatari Riyals ($330 million) project would also feature Omani heritage markets, a marina, cafes, restaurants, a cultural centre and entertainment facilities. It added that the project would generate more than 2000 jobs and is expected to be completed in 2022.
(Reporting by Sowmya Sundar; Editing by Anoop Menon)
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