Features

Tenders Update: July 2012

All the latest tenders for the month of July 2012

Tender products: Bridges Construction, Roads Construction, Roadways

 

 

Oman

Project Number:  WPR014-O

Project name:  Jasmine Residential & Commercial Complex Project

Territory: Oman

Client:  Taameer Investment Company (Oman)

Address: Al Khuwair, Business Centre, 5th Floor, Office No. 508

City: Muscat, PC 130

Postal/ ZIP code:  1244

Country: Oman

Phone: (+968) 2448 8871

Fax: (+968) 2448 8872

Email: info@taameerinvest.com

Web:  http://www.taameerinvest.com

Description: Development of Jasmine Complex comprising residential and commercial facilities.

Budget: $39,000,000

Period: 15/11/2013

Status:   Current Project

Remarks: This project will be developed in Al Khuwair commercial district, near Radisson Blu Hotel, about 30 minutes drive from Muscat International Airport. The complex consists of (59) apartments, 39 of which will be three bedrooms with a lounge, while 20 apartments will have two bedrooms and a lounge. Amenities will include a health club, a movie hall, a ballroom, offices, a business centre located on the penthouse, a shopping mall, including international high-street brands and specialised shops for beauty, fashion, women and children’s products. The project will offer private and public parking spaces to serve the offices, residents and visitors. The scheme has been designed according to highest international standards, paying particular attention to the green areas and the availability of all services, shops and residences. Local United Golden Construction Company has been appointed as the main contractor. Works have already commenced. Local Ahli Bank and Bank Muscat are acting as the financial partners on the project. The latter will offer an Islamic financing scheme called Meethaq, which is the first of its kind to be offered by a real estate developer in Oman.

Main consultant: Arab Engineering Bureau (Qatar)

Financial consultant: Ahli Bank (Oman)

Financial consultant: Bank Muscat S.A.O.G (Oman)

Main contractor: United Golden Construction Company (Oman)

Tender categories: Construction & Contracting, Leisure & Entertainment

Tender products: Commercial Buildings, Residential Buildings, Retail Developments

 

 

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