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Mon 25 Aug 2014 11:51 AM

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Eversendai awarded contract to renovate Qatar’s Khalifa Olympic Stadium

Contract said to be worth $35.7m

Eversendai awarded contract to renovate Qatar’s Khalifa Olympic Stadium
The Khalifa Stadium in Qatar.

Eversendai Corporation has won a contract to renovate the Khalifa Olympic Stadium in Qatar, according to Malaysia dailyThe Star.

It said the company had secured a contract to work on the arena that was originally built in 1976 and was upgraded in 2004 for the Asian Games.

The deal is reported to be worth $35.7m.

Under the contract, Eversendai will undertake the total renovation comprising re-engineering and dismantling of the existing lighting arch and ancillary steel structures, engineering, supply, fabrication and construction of steel structures.

Eversendai's executive chairman and group managing director Tan Sri A K Nathan said the contract would bring the total amount of new deals secured by Eversendai to date in 2014 to $350mn and current order book to $540m.

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