Omani contractor signs tower deal for billion-dollar project 

  • Date: 23-Feb-2024
  • Source: AGBI
  • Sector:Real Estate
  • Country:Oman
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Omani contractor signs tower deal for billion-dollar project 

Omani conglomerate Tawoos Group has signed a deal to build two mixed-use towers within the sultanate’s billion-dollar Al Khuwair Downtown Project. The project in the Muscat governorate has raised $1.3 billion in investments, according to a report from the Oman Observer, and covers an area of 3.6 million square metres. Tawoos Group will be responsible […]

Two mixed-use towers in Oman

Part of Al Khuwair project

Tawoos developing 60,000 sq m

Omani conglomerate Tawoos Group has signed a deal to build two mixed-use towers within the sultanate’s billion-dollar Al Khuwair Downtown Project.

The project in the Muscat governorate has raised $1.3 billion in investments, according to a report from the Oman Observer, and covers an area of 3.6 million square metres.

Tawoos Group will be responsible for developing a 12,000 sq m plot of land, which will comprise 60,000 sq m of gross floor area, incorporating offices, residential and retail space.

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“Our mixed-used towers will serve as a lighthouse that inspires the Al Khuwair Downtown project,” said Samir Fancy, chairman of Tawoos Group.

Al Khuwair Downtown will include towers as high as 35 and