Qatar National Bank to discuss tower deal with bidders in 2010

08 December 2009

Institution plans to build the tallest structure in Doha

Qatar National Bank (QNB) is to hold meetings in January with groups competing to build its 101-floor, 510-metre-high headquarters. The contract is set to be awarded in March, according to a source close to the project.

The bank will discuss technical details of the project at the meetings in January and negotiate prices with the contractors that have submitted bids (MEED 6:11:09).

QNB received bids from at least five groups in early November to build the tower. The bidders include a joint venture of Beijing-based China State Construction Engineering Corporation and Lebanon’s Societe d’Enterprise & de Gestion (SEG); a joint venture of Australia’s Grocon and the local Contraco; Australia’s Multiplex; Lebanon’s Qatari Arabian Construction Company (ACC); and a joint venture of South Korea’s Samsung Corporation, the local Midmac Contracting Company and Belgium’s Six Construct.

The 61-floor building will have a total built-up area of 235,000 square metres. The project will have five basement levels, 88,000 sq m of parking, 9,000 sq m for the entrance and banking halls, and 138,000 sq m of office space. When complete, it will be the world’s second tallest building after the Burj Dubai.

The consultancy team includes Doha-based KEO International Consultants as the project manager and Australia’s Peddle Thorp Architects.

The tower is one of three planned for Doha Corniche. The other two are Qatar General Insurance & Reinsurance Company’s 50-floor tower and an 83-floor IQ Tower planned by state-run downstream energy company Industries Qatar.

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