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 Polish road contract awarded
    April 16, 2021
    A key Polish road contract has been awarded to Poland.
    Read More
  • Asian bitumen producers look overseas for business opportunities
    March 4, 2015
    While demand in some parts of Asia is strong, other countries such as China have been suffering from oversupply - World Highways reported from the Argus Asia-Pacific and Middle East Bitumen Conference in Singapore. Asia overtook the Americas as the world’s largest consumer of bitumen in 2012, with China accounting for the lion’s share – nearly two-thirds – of consumption. However, attendees at the Argus Asia-Pacific and Middle East Bitumen Conference held in Singapore on 24th-26th September last year heard
    Read More
  • Saudi Arabia contract for local firm
    August 4, 2020
    A Saudi Arabian road contract is being handled by a local firm.
    Read More
  • Hyundai E&C develop real-time driver road, weather and traffic info system
    December 16, 2013
    Hyundai Engineering and Construction (Hyundai E&C) has developed an information system that offers motorists real-time information on weather, roads and traffic congestion. Hyundai Mobis and Hyundai Motor also collaborated in the development of the system, for which five individual patents are said to have been secured by Hyundai Group. With the system, data can be sent through the WAVE telecom technology via message signs on roads or directly to cars, while information from weather reports, vehicle sensor
    Read More

Highlighted Content