Indias Larsen & Toubro has won a contract from Oman Tourism Development Company (Omran) to build a hotel at the Oman Convention and Exhibition Centre (OCEC).
The deal involves construction of a four-star Crowne Plaza Hotel, which will have 300 rooms across eight floors, as well as a two-level basement car park for 270 vehicles and restaurants, and associated facilities.
Jordanian architect Arabtech-Jardaneah has designed the hotel to achieve a Gold rating accreditation under the Leadership in Energy and Environmental Design (LEED) standard.
The construction work will be supervised by local consultant Ibn Khaldoun al-Madaen.
The 2 million-square-metre OCEC is scheduled for completion in late 2016.
Omran is evaluating bids for the third package of the development, which involves construction of the convention centre the centrepiece of the project. Indias Shapoorji Pallonji submitted the low bid, at RO106m ($275m).
The local/UK Carillion Alawi is executing the second construction package for the exhibition hall and associated facilities. The contract is worth $202m.
Oman is investing heavily in its tourism sector to diversify the economy and boost local employment.