A Korean firm is current front runner for a key Qatar contract

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.
May 25, 2012 Read time: 1 min
South Korean contractor 5739 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.

For more information on companies in this article

Related Content

  • Key developments in electric vehicle segment
    April 22, 2014
    A series of key developments will boost the market presence of the electric vehicle worldwide. China is particular looks set to develop its presence in the sector, partly in a bid to reduce the country’s urban pollution problems. A new electric vehicle developed in partnership between Daimler Benz and Chinese firm BYD Automotive looks set to be launched in September 2014. The DENZA model has been developed outside of Germany to meet market needs for China. Customers for the vehicle will benefit from subsidi
    Read More
  • Crushing and screening help building Qatar’s new routes
    June 7, 2016
    Al-Mohsen Engineering in Qatar is one of the country’s leading specialists for the supply of aggregates to major construction companies. The firm is currently producing materials for many of Qatar’s infrastructure projects. Al-Mohsen is now a major player in the construction segment thanks to its ability to supply large volumes of high-quality aggregates to the market. The firm has invested in a range of Powerscreen rock crushing and screening equipment to meet the aggressive aggregates demands of huge loca
    Read More
  • Qatar's new orbital route
    May 1, 2012
    Plans are in hand in Qatar for a new 190km highway project. Tenders for the Orbit Road project will be opened by the Ministry of Municipality and Urban Planning and the Public Works Authority (Ashghal).
    Read More
  • CGC seals contract with Hyundai for Kuwait bridge project
    November 23, 2012
    Combined Group Contracting (CGC) of Kuwait has sealed a contract for a significant bridge project to link Subiyah area and Shuwaikh port in Kuwait. The contract was signed with Hyundai Engineering & Construction (Hyundai) of South Korea for building, designing and maintaining the bridge. The Sheikh Jaber al-Ahmad al-Sabah project is to be finished in five years. It has been reported that the overall value of the project is US$2.62 billion (KWD 738mn). The project's 21.5% stake will be held by CGC.
    Read More

Highlighted Content