The UAEs Majid al-Futtaim (MAF) has awarded the estimated $715m contract to build its Mall of Oman on the outskirts of Muscat to a joint venture of Lebanons Consolidated Contractors Company (CCC) and Indias Shapoorji Pallonji.
Five contracting groups submitted bids for the construction deal in September last year.
Located in the Bausher area, the scheme involves building a mall with 137,000 square metres of retail space for 350 outlets, a snow park, cinema, amusement area, a supermarket, and a 292-room hotel.
In November last year, MAF said it had appointed the local Sarooj Construction as the contractor for enabling and highways works for Mall of Oman.
The works include bulk excavations, retaining walls, utility diversions followed by major road and bridge construction around interchange number 6 of the Muscat Expressway.
Scheduled to open in 2020, the Mall of Oman will have 350 outlets with 137,000 square metres of retail space.
The project is the largest component of MAFs $1.3bn of planned investment in the sultanate.
As well as Mall of Oman, MAF is set to develop City Centre Sohar and My City Centre Sur, valued at $116.9m and $39m respectively.