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| Hill International provides services for megacity project in Oman  Hill International, the worldwide construction consulting firm, announced that it has received a 6-year contract to provide lender's technical advisory and oversight services for the Blue City Development in Oman. The contract, which is for Phase 1 of the development, has an estimated value to Hill of approximately $10.0 million.The Blue City Development is a mixed-use tourism, leisure, residential and commercial community to be built on a site located approximately 67 kilometers from Seeb International Airport, 90 kilometers from the center of Muscat and 10 kilometers from the nearest town, Barka. The project is intended to be built over a 15-kilometer seafront site over the next 15 to 20 years with between 20 and 30 million square meters of gross floor area in 10 market-determined phases. The total projected investment for the project is budgeted to be between $15 billion and $20 billion. Phase 1 of the project has an approximate budget of $2.1 billion. Construction of Phase 1 has commenced and is scheduled to be completed within six years. write your comments about the article :: © 2007 Construction News :: home page |