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Greek AKTOR confirms Qatar contracts worth $485m

Largest Hellenic contractor secures build-up projects across sectors

AKTOR are building the sports centre as a supplementary facility to the existing Jassim Bin Hamad or Al Sadd Stadium.
AKTOR are building the sports centre as a supplementary facility to the existing Jassim Bin Hamad or Al Sadd Stadium.
NEWS, Business, Grecian AKTOR confirms Qatar contracts worth $485m

Ellaktor subsidiary Aktor, the largest construction company in Greece, has won Qatar build-up contracts for three projects in Doha covering sporting, hospitality and security facilities.

The first contract, worth $142m, was awarded by the Qatar Olympic Committee for a multi-purpose sports centre to be built for Al Sadd Sports Club, with a project construction period of 20 months.

First rumoured in January, the deal covers works on a 8,524-spectator covered venue for basketball, volleyball, handball, badminton and gymnastics, with a built-up area of 52,200m² spread over six storeys inclusive of one basement level.

A second deal, valued at $17.1m, is for electro-mechanical works over six months on the Anantara resort island.

The third 36-month project was awarded to a (50:50) joint venture between AKTOR and Al Jaber Engineering for infrastructure works at the Camp of the Internal Security Forces, at a contractual value of $653m.

Among the region projects under its belt, AKTOR was in 2011 involved in the $326.7m Dubai-Fujairah highway project, delivering 80km of arterial UAE highway through its local joint venture Al Ahmadiah Aktor.

In Greece, AKTOR has worked on projects such as the Acropolis Museum and the 2004 Olympic Stadium.

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Construction Week - Issue 725
Jan 19, 2019