Construction News
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Oman gears up for Windorex + Glass & Aluminium

16-03-2017

Leading architects, builders, interior decorators, constructors, developers and fabricators from across the region will be at the second edition of Windorex + Glass & Aluminium Oman which kick off on May 15 at capital Muscat.

It is an international exhibition for companies linked to windows, doors, glass, aluminium, facades and sun protection systems, said the event organisers.

This year's event (the second edition) will include a two-day forum aimed at addressing key topics on Fenestration and Facades and sharing insight and knowledge for the construction industry in the region, they stated.

According to experts, Oman's construction sector remains robust, despite the downside risk created by lower oil prices.

The sultanate’s diversification efforts to enhance wider revenue streams are beginning to bear fruit, as witnessed by continued growth in the non-oil sector.

As new developments spring up with a focus on the sectors with the most growth potential, the aims of Oman’s latest five-year plan are being realised, they stated.
 
Recently, a global vote of confidence in Oman’s future has been given by international investors who ploughed billions of dollars into the future of the Sultanate, the expert said.

Some of the major ongoing projects are:

•Industrial Park - China has invested $10 billion to develop an industrial park adjacent to the Port of Duqm in which 35 projects had been identified for the industrial park.
•Muscat International Airport - A new terminal at Muscat International Airport, which has been under construction since 2010. It's a part of a $11.02bn airport expansion project. The existing terminal will also be remodelled for budget airlines.
•Oman Convention & Exhibition Centre (OCEC) - A $1bn project next to the airport is being developed in the first phase of the site called Madinat Al Irfan by Omran, the government’s state-owned investment arm.
•Khazaen Logistics Hub - The Sultanate’s flagship integrated logistics hub in South Al Batinah Governorate  will feature regional malls, convention and exhibition centres, mixed use residential and commercial schemes, and even a ‘smart city’.
•Liwa Plastic Industries Complex - A $6.4 billion project funded by international financial institutions, local banks and government as well as Oman Oil Company, it will facilitate Oman, for the first time, to produce polyethylene. This form of plastic is rated high in terms of global demand.
•Palm Mall Muscat - Estimated to cost between $298.7 million and $389.6 million, the retail development by Al Jarwani Group will create a series of distinct spaces structured in a strategic pattern to provide unique experiences in shopping and family entertainment.
•Omagine Pearl Project - A $2.5bn project expected to be completed by 2024 includes hotels, malls, amphitheatre, offices, and residential buildings.
•Mega Tourism Complex in Duqm SEZ - $736 million project includes 3, 4 and 5-star hotels, hotel suites, residential complexes and a mall among other components.
•Mall of Oman - $450mn - Constrution work on the Mall of Oman has commenced at Madinat Al Irfan. The Mall represents the flagship of an estimated $515 million investment that Majid Al Futtaim Holding (MAF) has pledged to expand its footprint in the Sultanate.

The second edition of Windorex + Glass & Aluminium Oman will include a two-day forum aimed at addressing key topics on Fenestration and Facades and sharing insight and knowledge for the construction industry in the region.-TradeArabia News Service




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