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photo: www.ashghal.gov.qa

photo: www.ashghal.gov.qa

Ashghal to tender USD 11 bn in projects

on Apr 24, 13 • by

Ashghal will tender several projects worth USD 11 billion, as part of a bigger plan to be executed in five to seven years. With road projects worth USD 14 bn, they intend to construct several buildings worth USD 4 bn by way of their international strategic partnerships.

Ashghal has 216 road projects in hand with a total value of USD 14 bn and there are plans to construct 120 buildings between 2013 and 2014 with a total value of about USD 4 bn. Mawlawi said that in order to implement infrastructure projects, Ashghal has contracted with the best companies in the world as strategic partners in the fields of design and project management and that work is assigned to engineering and construction companies through public tenders.

He explained that the bidding system used in Ashghal awards tenders worth less than USD 27 mn to Qatari businesses and tenders with a value of USD 27 mm to USD 54 mn to foreign companies with more than 51 percent Qatari investment.

Source: QNA

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