Qatar road deal attracts interest

Keen interest is being shown in the tender stage for the first stretch of Qatar's US$700 million Lusail Expressway project.
February 15, 2012 Read time: 1 min

Keen interest is being shown in the tender stage for the first stretch of Qatar's US$700 million Lusail Expressway project.

A series of major international contractors have placed bids for the project and with some large companies forming partnerships and consortia for the deal, according to Qatari public works authority 2559 Ashghal. Firms placing bids so far include 2712 Habtoor Leighton Group from Australia and the UAE, 2717 Ferrovial from Spain, 236 Hyundai Engineering from South Korea, Saudi Oger and the 2715 SBG Group from Saudi Arabia and 945 Strabag from Austria. The first section of the Lusail Expressway will run from the Arch roundabout to the Ritz Carlton in Doha.

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South Korean contractor Hyundai Engineering currently looks set to win a US$1 billion package of works for the Lusail Expressway project in Qatar. This deal will be for the first section of the highway and at present, seven international contractors are bidding for the project. The project is being handled by Qatari public works authority Ashghal. It has been reported that the deal will be finalised at the close of June 2012.
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