Impreglio-led group wins $2.2bn Doha Metro deal

A consortium led by Italian construction giant Impregilo has been awarded the $2bn-plus contract for the Red Line North of the Doha Metro, according to reports in the Italian press.

Italian daily newspaper Il Sole 24 Ore said that $808m (€630m) will be spent on the metro design phase, with another $1.4bn (€1.1bn) budgeted for preparatory works, electromechanical systems, and architectural works – representing a total of just over $2.2bn.

The reports confirm earlier speculation that the deal had been awarded by Qatar Railways Co to the Impreglio-led consortium, which also includes Korean contractor SK Engineering & Construction and Oman-based Galfar Engineering & Contracting.
Galfar issued a statement to the Oman Stock Exchange on April 16 stating that the likely rise in its share price was possibly due to news reports naming its consortium as the successful bidder.

No official announcement has yet been made by Qatar Rail, but a statement is expected soon.

doha metro

Source : constructionweekonline

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