International developer VA Group enters Oman's real estate market

VA Group, an international real estate developer, has announced the signing of a strategic agreement with F&M Middle East, an engineering and lead design consultancy. The contract scope includes detailed design solutions for the first phase of the Muttrah Waterfront Development, VA Group’s first project in Oman. The signing ceremony took place during the solemn celebration of F&M Middle East’s 10th anniversary, under the patronage of His Excellency Dr. Khalfan bin Said bin Mubarak Al Shuaili, Minister of Housing and Urban Planning of the Sultanate of Oman.

Remarking on the agreement, Roman Kapinos, VA Group’s representative, said: “Our entry into the Omani market, supported by such esteemed partners as OMRAN Group and F&M Middle East, reflects VA Group’s strategic commitment to the development of the region and our dedication to unlocking new opportunities for Oman as one of the leading international investors. We are confident that our projects closely align with and will contribute significantly to the national goals outlined in Oman Vision 2040.”

Hazem Abdul Karim, CEO and Managing Partner of F&M Middle East added: “This partnership with VA Group represents more than a signing. It marks the continuation of a journey built on trust, collaboration and a common vision for quality and long-term impact. Being selected for such a prestigious project in Muttrah, the gateway to Muscat and the Sultanate of Oman, is a responsibility we carry with great pride. Oman has been a land of opportunity and talent for us, and we remain fully committed to honoring the trust placed in F&M Middle East by delivering work that reflects the excellence of our partners, our team and this remarkable country.”

Earlier in 2025, VA Group signed two strategic partnerships with the Oman Tourism Development Company (OMRAN Group). According to the agreements, VA Group will develop two modern urban clusters with high-quality apartments and villas. These master-planned communities are designed not only to provide world-class housing but also to foster vibrant environments that enhance residents’ quality of life. Planned features include international-standard public spaces such as waterfront promenades, parks, sports facilities, and areas dedicated to commerce and leisure.

About VA Group

VA Group is an international real estate developer specializing in world-class business and premium real estate projects. VA Group's strategy is focused on leveraging global capital and expertise to serve the dynamic markets of rapidly growing regions. VA Group’s expertise covers the entire life cycle of development: from conceptual design to implementation, tailored to each location’s unique values and objectives.