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Tribune News Network
Doha
Barwa Real Estate Group, the leading real estate investment company in Qatar, announced the award of the construction of the third phase of Madinat Al Mawater project to the Contractor ‘Hassanesco Trading and Contracting (HCC)’ for a value of QAR 335,000,000, with the implementation of this phase to be completed within a period of 18 months.
The project embraces a total construction built-up area of around 167,072 square metres, which includes used-car lots, apartments, shops, workshops. In addition there will be an integrated car services centre, a commercial car spare parts complex, a hypermarket, a mosque and a car dealer showroom.
Moreover, the project will cover the construction of the infrastructure work which includes the construction of an electricity substation, internal roads, networks for potable water, firefighting systems, irrigation, storm water and foul waters and surveillance cameras with all related services such as pump rooms, water and irrigation tanks, as well as sewage treatment plant.
Issa bin Muhammad al Muhannadi, Vice Chairman and Managing Director of Barwa Real Estate Group, said that the third phase of Madinat Al Mawater project is considered one of the largest phases of the project to date and is to be built with high quality in the construction and with an integrated infrastructure. He also praised the unlimited governmental support for the private sector and relying on it in the urban development in Qatar under the patronage of the Amir His Highness Sheikh Tamim bin Hamad al Thani, and the follow-up of His Excellency Sheikh Abdullah bin Nasser bin Khalifa al Thani, Prime Minister and Minister of the Interior.
The construction of this phase comes after the construction and operation of the first and second phases of Madinat Al Mawater project, which is located on Rawdat Rashid road near the intersection with Salwa Road. It will serve as the main destination and the first and largest project in Qatar for all services related to the sale, purchase and maintenance of used cars and vehicles. This project is one of the benefits of the partnership between the government and the private sector represented by Barwa Real Estate Company in order to create a central market for providing all the necessary services for the car business. The first and second phases were implemented according to the highest standards despite the unjust blockage imposed on Qatar. It should be noted that there is no conflict of interest between the contracting parties to this agreement.
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20/03/2019
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