Arabtec Construction wins $190m Qatar contract

Construction giant wins deal to build offices and five star hotel project in Doha.
Arabtec Construction wins $190m Qatar contract
By Andy Sambidge
Thu 21 Jan 2010 07:02 AM

Arabtec Construction has won a $190m contract to build the Bridge Towers office and hotel project at West Bay, Doha in Qatar.

The project comprises two buildings, one with 45 floors of office space and a 45-storey five star hotel.

The works, which are expected to take 30 months to complete, will include structural, civil, electro-mechanical and external works, the company said in a statement.

Arabtec Construction is a partnership between Arabtec Holding and Nasser Bin Khaled Al Thani & Sons Holding Company.

The company is currently executing Al Waab City Project in Doha, a mixed-use development of houses, retail, offices and apartments.

Arabtec, which earlier this month sold a 70 percent stake to Abu Dhabi's Aabar Investments, has won a number of contracts in Saudi Arabia, Abu Dhabi and Qatar over the last few months to diversify its portfolio away from Dubai, where construction work has dried up.

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.