The Muscat-based Zubair group plans to build a $40 million hotel in the emirate of Dubai, catering for corporate clients and the business community. The facility will be managed by the Traders Hotel chain, part of Hong Kong’s Shangri La Hotels and Resorts Group, and is scheduled to open July 2003.
The Zubair group has taken the entire equity capital for the time being, yet the group is in negotiations with potential partners to make it a joint venture, Zubair Tourism Manager Hakim Magid Saud Al-Maamari told the Oman Daily Observer. The company is now in the final negotiation stage with contracting firms for the construction of the main structure, set to start next month.
Located at the Muraqabhe area in Deira, the new 247-room hotel will also include a restaurant, health club, swimming pool and boardroom. Badri and Bensouda has been appointed as the project’s architect, while Shankland & Cox will act as the electro-mechanical engineers of the project. Horwath, a Canadian company, has been appointed for space planning and interior design.
The Zubair Group is also setting up a 65 million Omani rial ($169 million) resort at Barr Al-Jissah, Oman, whose operator will also be the Shangri La Group. The resort, which spreads over a 500,000 square meter area, will include three hotels—a deluxe, a five star and a four star hotel—offering a total of 714 rooms and suites, restaurants, a spa and a health club.
The resort's construction, scheduled for completion in 2004, is being handled by an international consortium which includes Hawaii's Wimberly Allison Tong & Goo (WATG), Hanscombe Consultants Inc. and Wilson & Associates Inc. of the US as well as UK-based WS Atkins, Bafour Beatty and Derek Lovejoy Partnership. The developers say that an emphasis will be placed on subcontracting to local firms, according to the Oman Economic Review.
Zubair Group is one of the largest privately owned groups in Oman. Established in 1967, the group’s tourism subsidiaries include travel agencies, car rental companies and hotels and holiday resorts in Oman and Dubai. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
© 2000 - 2020 Al Bawaba (www.albawaba.com)