MARLTON, N.J. & SALALAH, Oman, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Taameer Investment to provide project management services in connection with the Dhofar Beach Resort in Salalah, Oman. The four-year contract has an estimated value to Hill of approximately OMR 1.1 million ($2.7 million).
The estimated $111 million Taameer Investment project will be a beachfront resort complex, featuring a five-star resort with 130 rooms, signature restaurants, food and beverage outlets, leisure and water sports facilities, meeting rooms, business center, retail outlets, health club and spa and a ballroom. The resort will also provide an additional 85 state-of-the art hotel apartments and 85 full exclusive VVIP villas. Total built-up area of the project is approximately 80,000 square meters (866,000 square feet).
"The Dhofar Beach Resort once open will be a great attraction for business and leisure travelers and we are proud to be involved in such a huge project which is expected to boost the tourism industry in Oman," said Raouf S. Ghali, President of Hill's Project Management Group (International).
The Dhofar Beach Resort project is been developed and owned by Taameer Investment (S.A.O.C.) one of Oman's leading investment companies which has various investments in the real estate, industrial, financial and service sectors. Taameer Investment was established in 2006 and since then the company has grown progressively to be one of the leading investment companies in Oman by making effective contributions towards the national economic growth of the Sultanate due to the solid determination, dedication and commitment of its team of experts.
Hill International, with 3,400 employees in 110 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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Source:Hill International, Inc.