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Thu 21 Jan 2010 07:02 AM

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Arabtec Construction wins $190m Qatar contract

Construction giant wins deal to build offices and five star hotel project in Doha.

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.

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