Multiplex/Medgulf joint venture selected for Msheireb contract

02 October 2012

Team will work on phase 1c of the QR20bn scheme

Local developer Msheireb Properties has selected the joint venture of Canada’s Brookfield Multiplex and the local Medgulf Construction for the contract to build phase 1c of its QR20bn ($5.5bn) real estate development in Doha.

Phase 1c will include the construction of residential apartments, office buildings and a school.

The other bidders were:

  • Aktor (Greece)/Aljaber Engineering (local)
  • Arabtec Construction (UAE)/Arabtec Construction (Qatar)
  • Six Construct (Belgium)/Midmac Contracting Company (local)
  • Samsung C&T (South Korea)/Redco Construction (local)
  • Bam Higgs & Hill (Netherlands) /HBK Contracting Company (local)
  • Taisei Corporation (Japan)/Redco International (local)

The Multiplex/Medgulf joint venture is the latest contractor to secure work on phase one. In December 2011, the joint venture of the UK’s Carillion and the local Qatar Building Company was awarded a QR2.37bn contract to build phase 1b of the real estate scheme.

The joint venture will carry out the substructure and superstructure work on phase 1b, which comprises 15 buildings, including a Mandarin Oriental Hotel, comprising 158 rooms and 91 service apartments, two office buildings with 52 retail units and 12 residential buildings providing a total of 180 apartments.

In April 2010, Dohaland awarded a QR1.6bn contract to the joint venture of South Korea’s Hyundai Engineering & Construction Company and the local HBK Contracting Company to build phase 1a of the development (MEED 26:4:10).

Cat International Qatar, part of Lebanon’s Contracting & Trading (Cat) was awarded an estimated QR530m infrastructure deal for phase 1a and Germany’s Bauer is working on the enabling works package for phase 1a.

For phase two, contractors submitted commercial bids in July. The second phase will comprise 10 mixed-use buildings, which will cover a total area of 144,888 square metres. This is scheduled to include 68,500 sq m of retail and 27,000 sq m of commercial office space, as well as 24,000 sq m of residential space and a 25,388 sq m hotel.

The 750,000-sq m Msheireb development is one of the largest real estate schemes in the capital. It will be built behind the Emiri Diwan administrative centre on Doha corniche. The scheme will also include an interchange for Doha’s proposed metro system.

Msheireb Properties, is part of the Qatar Foundation for Education, Science & Community Development.

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