Oman shopping mall set for $129m expansion

Plans have been revealed for a OR50m ($129m) extension to be built at Muscat’s biggest retail destination.

The new development will see 100 new retail outlets being added to Muscat Grand Mall, bringing new global brands to Oman for the first time.

The extension will take the total number of stores to 250, officials have said.

The expansion project will also include doubling the parking facilities and expanding cinema facilities, a statement said.

Abdul Rahman Barham, board member of owners Tilal Development Company, said: “It gives us great pride to announce that the second phase of Muscat Grand Mall which will give customers in Oman the opportunity to experience a retail destination of international standards.

“Using an investment of OR50m, major investments will be made towards raising the profile of the mall as well as creating a world class shopping and entertainment destination for the people of Oman.”

He added: “In addition, the expansion will create increased employment opportunities for Omanis and will also be a mechanism through which we can support small and medium enterprises.”

The mall is part of the Tilal Complex, a mixed-use development which also features 250 freehold apartments, a four star hotel and a rooftop garden.

Muscat Grand Mall currently sees a daily footfall figure between 17,000-20,000 shoppers but that figure will rise to 30,000 once the extension is completed, Hassan Jaboub, general manager of Muscat Grand Mall said.

He added: “With the first phase secure, we are looking towards strengthening the fashion portfolio of the mall enhancing Muscat’s retail offerings. With the added retail space, MGM will draw new and internationally prominent flagship stores of the world’s most renowned brands, expanding the choices for our customers.”

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Posted on June 26, 2013, in Other. Bookmark the permalink. Leave a comment.

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