Skip to main content

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

  • RMD formwork for Qatar’s tallest bridge on Doha East Corridor
    July 6, 2016
    RMD Kwikform will be supplying tens of thousands of tonnes of its formwork and shoring for construction of Qatar’s tallest bridge on the Doha East Corridor project As well as the bridge, the Corridor contract comprises four interchanges at a total cost of US$612.5 million. Ashghal, Qatar's Public Works Authority, awarded the Corridor project to China Harbour Engineering Design and Construction. Built as a five-lane 11km bypass in Doha, the capital of Qatar, the project will also cater for a rail line
  • Slovakia’s D4/R7 zero bypass of Bratislava picks up award
    February 10, 2017
    Slovakia’s D4/R7 zero bypass of Bratislava has picked up the Best Transaction in Europe award given by the UK magazine Project Finance International. The Ministry of Transport and Construction received the award in London in early February. The ministry said that the contract is notable for being the first whereby a project had combined funding from European Union investment and structural funds and the EU fund for strategic investment. World Highways reported in January that construction will start early
  • Focusing on workzone safety systems
    March 16, 2012
    The US has seen a major reduction in deaths following accidents in its highway construction work zones, while Europe and other parts of the world are looking at new safety technology and systems to trigger a similar trend. Guy Woodford reports. Work in the US to reduce the likelihood of potentially fatal accidents at highway work zones is paying dividend.
  • Argentina bridge project attracting interest
    January 10, 2018
    Plans are being drawn up in Argentina for a new bridge that will connect Parana and Santa Fe. The project will be handled under the PPP model and involves the construction of a bridge and highway connection that is expected to cost US$650 million. The work will be carried out in three phases. South Korean contractor Hyundai has expressed strong interest in the project.