South Korean builder says $693m Doha Metro deal won

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Samsung C&T Corp said on Friday it won a 793.46 billion won ($693m) order to build part of the underground portion of the Qatar Doha Metro Project from Qatar Railways Company.

The South Korean builder said in a regulatory filing the contract is slated to be completed in June 2018.

The company is part of a consortium including Obrascon Huarte Lain (OHL) and Qatar Building Company (QBC) which has been hired to build the project's two "most emblematic" stations for $1.4bn.

The contract covers the design and construction of the Msheireb and Education City stations and is valued at about $1.4bn, $500m of which corresponds to civil engineering and the rest to electromechanical and architectural work.

The two stations will be "modern" buildings and serve as transfer points to different metro lines or other transportation modes, such as long-distance rail.

Msheireb will be located in the heart of downtown Doha, which is currently undergoing an urban restoration project, and be the Qatari capital's leading metro station.

The station in Education City, which is located on the outskirts of Doha and aims to be a centre for educational excellence in the Gulf region, will connect with a regional railway.

Samsung C&T said it has "proven its capability in the Qatar market" by previously winning $385m worth of contracts for the Lusail bridges and road construction project in 2011.

Related:
Topics
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Mall talk

Mall talk

Plans for Dubai’s Mall of the World have made headlines all over...

1
Qatar's labour requirements

Qatar's labour requirements

Qatar’s Supreme committee has published worker welfare standards...

2
$40bn housing deal may signal Gulf investment push into Egypt

$40bn housing deal may signal Gulf investment push into Egypt

Egypt's economy is recovering only slowly from the turmoil that...

Most Discussed
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held accountable...so thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew