Qatar 2022: $3bn in tenders to be awarded in 2012

First contracts in World Cup preparations to be agreed next year

Qatar's 2022 preparations will begin in earnest next year. Photo: Qatar 2022.
Qatar's 2022 preparations will begin in earnest next year. Photo: Qatar 2022.

RELATED ARTICLES: Qatar 2022: Bahrain economy, firms to benefit | 22 Qatar 2022 World Cup Facts for contractorsQatar 2022: $100bn spree faces tight deadline

Qatar is preparing to announce $3 billion in roading and infrastructure contracts over the next 12 months as the nation begins preparations for the 2022 FIFA World Cup.

In a report carried by newswire Bloomberg, Lusail Real Estate Development Company (LREDC) CEO Essa Mohammed Ali Kaldari said, “Our strategy is for an open bid. We would like to give an opportunity to many companies.”

Lusail Real Estate is part of Qatari Diar Real Estate Investment Company, the development arm of Qatar’s sovereign wealth fund, and its Lusail City project will have 200,000 residents. Lusail City will also host the opening ceremony, group matches and final game of the month-long tournament at its 86,250 seat Lusail Iconic Stadium.


 

The city is due for completion in 2019 and will include manmade islands, an entertainment area, an office park for energy companies, a golf course and five stadiums.

Kaldari remained tight-lipped about the nature of the contracts to be awarded, but said the construction of the Al Khor Highway, which will run along Lusail City’s western border, will be the biggest to go to tender.
 

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020