Qatar company wins contracts worth $197M

WCN Editorial Team 16 Nov 2016 MIDDLE EAST BUILDINGS

Qatar’s United Development Company (UDC) has secured QR716M ($197M) worth of contracts to build three new projects at The Pearl-Qatar development.

The projects include the Abraj Al Mutahidah Towers in Viva Bahriya, along with the construction of 10 villas and infrastructure in Giardino Village. Overall, the projects are expected to involve an investment of $330M.

The Al Mutahidah Towers project will include the construction of 480 apartments, and is anticipated to be complete in the fourth quarter of 2019. Leighton Contracting Qatar has been selected to construct the Al Mutahidah Towers’ main building.

Navayuga Engineering Company has been appointed to carry out infrastructural works at Giardino Village and Promer Qatar has been chosen for the villas project. The five-bedroom villas are expected to be handed over within 18 months.

UDC’s president and CEO Ibrahim Al Othman said: “It is certain that the implementation of viable investment projects, such as infrastructure development and construction of luxurious villas in Giardino Village precinct, in addition to the building of Al Mutahidah Towers which is an ambitious project comprising 480 housing units of different sizes and specifications with facilities and retail to serve this residential complex, will attract businessmen and property investors to our market.”

* For more information on the Qatar construction market, visit the Construction Intelligence Center Report Store.

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