According to local media reports, Qatar has awarded contracts worth up to QAR14bn (US$3.8bn) for the construction of a new container port in Mesaieed, south of the capital Doha, as part of the county’s New Port Project (NPP).
More than 50% of the contracts have been awarded to national contractors, according to the country’s transport minister.
“Qatari companies have won 53% of the contracts or around QAR8.2bn (US$2.24bn),” Jassim Saif Ahmed Al Sulaiti told Qatar’s Al Raya, the local Arabic language daily newspaper.
He added the almost half the construction of the new port had been completed, with the first phase expected to be ready in 2016, with an estimated capacity of 2m teu; this will raise to 6m teu after phases two and three are completed.
The new port, which will cover and area of over 26 sq km, is one of the largest infrastructure projects undertaken by Qatar and is claimed to be one of the largest port developments in the world. The new port will replace the existing Port of Doha.
(Source: Emirates 24|7)