Omani-Turkish JV wins $387mln Oman Cultural Complex project

  • Date: 08-Oct-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Oman
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Omani-Turkish JV wins $387mln Oman Cultural Complex project

Muscat: A joint venture of well-known Omani construction firm Saif Salim Essa Al Harasi & Co LLC (SAH) and Turkish-based contracting powerhouse Sembol Construction, has won the prestigious contract to implement the Oman Cultural Complex project in Muscat at a cost of RO 147.8 million.

The JV led a field of around 20 local and international firms that had originally bid for the keenly coveted contract. SAH is a reputable player in Oman’s construction sector, having delivered scores of high-profile building projects primarily for the Royal Oman Police, and lately for, Outward Bound Oman. Sembol Construction, which has expanded its footprint across the Middle East and East Europe, specializes in the construction of complex architectural projects.

Announcing the award, SAH said: “We are thrilled to announce the successful collaboration between Saif Al Harasi and Sembol Construction, the SAH-SML JV Co, in securing the esteemed Oman Cultural Complex project. This landmark initiative seamlessly melds Oman’s rich cultural heritage with state-of-the-art design.

Saif Al Harassi expresses profound joy in contributing to this visionary project, viewing it as a true testament to our shared commitment to excellence and innovation. The strategic partnership with Sembol Construction significantly enhances our capabilities, ensuring the delivery of a cultural masterpiece