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

  • Singapore highway deals signed
    January 9, 2020
    A series of highway deals have been signed in Singapore that will help boost transport in the island state.
    Read More
  • Greek contractor Terna heading Qatar road project
    September 16, 2015
    Greek contractor Terna is heading a joint venture that will construct a major road project in the Middle East. The US$340 million road project is for the rebuilding of a 40km link in the Doha industrial area. The contract was awarded by Qatar's Public Works Authority (Ashghal). Terna is leading the joint venture, which also includes Gulf Consolidated Contractors and Wade Adams Contracting, will rebuild a 40-kilometre long road stretch in Doha industrial area. The work is expected to take three years to comp
    Read More
  • Key Qatar projects underway
    November 14, 2014
    Work is now being carried out on three major road projects in Qatar. The work is worth over US$2.58 billion in all. One project is for an upgrade to the North Road corridor. This will add dedicated cycle tracks and pedestrian bridges and another lane to the main carriageway between Al Khartiyat and Duhail. The work is due for completion in the last quarter of 2016. Another project is for the $980 million Lusail Expressway, which is 5.3km long and due for completion on 2017. The third is for the 9.9km long D
    Read More
  • Mozambique road contract for Korean company
    December 13, 2017
    A South Korean contractor will carry out construction work on a project in Mozambique. The package of works is worth US$44.1 million and will be carried out by the South Korean contractor, POSCO Engineering & Construction (POSCO E&C). The contract was awarded by the Mozambique Government and will see the upgrading of a 70km road that is unsurfaced at present. The work will take 30 months to complete and the contractor will pave and widen the road link, boosting traffic speeds, capacity and safety on the rou
    Read More

Highlighted Content