Oman-based Al Jarwani Group and Tamani International for Development and Investment has signed RO22 million ($57 million) contracts worth with a number of banks for the funding of the second phase of the Muscat Mall project.
The Phase Two of the retail complex will be completed in conjunction with the first phase as planned over a total project area of more than 200,000 sq m, reported Times of Oman.
A number of contracts have also been signed for provision of communications infrastructure and trademarks in the complex, stated the report.
Oman's Minister of Environment and Climate Affairs Mohammed bin Salim Al Toobi was present at the signing ceremony along with a number of officials from the government and private bodies at the Sundus Rotana Hotel Muscat..
The RO150 million ($388 million) Muscat Mall will include the largest aquarium in the Middle East with an area of 8000 sq m and the spectacular 5,600 sq m glacier park, an outdoor dining area, and more, in addition to 200 retail outlets offering shoppers the world’s most famous brands, it added.