Muscat, Oman – June 18, 2025 – Abutabikh Investment, a leading private investment company in Oman, today announced it has signed a Memorandum of Understanding (MOU) with Mimar Tech (“MIMAR”), a global innovator in Building Information Modeling (BIM) technology, to form a strategic joint venture that will accelerate the digital transformation of Oman’s construction industry and drive the adoption of smart city solutions.
Under this partnership, Abutabikh Investment will commit USD10 million to fund the initiative, while MIMAR will serve as the lead technology partner, overseeing design, engineering, and overall project management to implement an integrated construction platform aimed at enhancing productivity, improving efficiency, and streamlining processes across the country’s construction sector.
“Abutabikh Investment is proud to partner with MIMAR, a company at the forefront of global construction digitization,” said Ravi, spokesperson for Abutabikh Investment. “We believe in BIMWEDO’s mission to democratize BIM technology, making it accessible to everyone in the construction sector regardless of experience or background – a key barrier to adoption we aim to overcome in Oman. This partnership will lay the foundation for a smarter, more efficient, and sustainable construction ecosystem.”
The joint venture will introduce an integrated construction platform that enables faster project delivery, reduces errors and rework, and cuts costs, while ensuring compliance with sustainability targets. Additionally, the partnership will explore smart city solutions for Oman, including smart infrastructure and asset management system, intelligent building management and digital twin solutions.
“BIMWEDO is excited to expand into the Middle East, which we see as the next frontier for construction technology,” said Mohammed Hamada, Director of MIMAR. “This partnership with Abutabikh Investment is a major milestone as we pioneer Oman’s first integrated construction digitization platform and smart city solutions provider.”
Call for Collaboration
As part of this transformative initiative, Abutabikh Investment and Mimar Tech are inviting local contractors, developers, government agencies, and strategic partners to join them in co-creating a digitally enabled construction ecosystem in Oman.
The joint venture also envisions expanding its solutions to other GCC countries as part of its long-term regional growth strategy.