Yapi Merkezi and STFA is awared from Doha Gold Line in Quatar

Yapi Merkezi and STFA is awared from Doha Gold Line in Quatar :The two major construction firms in Turkey, Yapı Merkezi and STFA, which have undersigned various large and prestigious projects both in Turkey and abroad, now win the “Gold Line” tender, which is the largest line planned to be built within the scope of Qatar Metro Project.

With a cost of 4.4 billion dollars, the Gold Line Tender is the largest project that will be implemented as one of the major investment projects planned as a preparation for the 2022 World Soccer Cup, to be hosted by Qatar.

With the ceremony held on 23rd April 2014 in Qatar STFA and Yapı Merkezi have undersigned a contract that has the highest price among all the contracts signed abroad by Turkish Companies.

In this Gulf Country Qatar, which will be hosting the World Soccer Cup in year 2022, investment in construction projects is ongoing without slowing down. Many companies both in Turkey and all around the world are closely following the tenders being held in Qatar, which include investments in metro lines, underground stations, railways, stadiums, Shopping Centers, hotels, highways, bridges, immersed tunnels, reservoirs etc. About 700 firms were interested in the Doha Metro tender, which is one of the major projects in this scope and 70 joint ventures formed by 290 of these firms have applied with a qualification file.

The Client first has reduced the number of joint ventures to 32 and then short listed 18 of these, inviting them for the tenders. The Doha metro line will consist of 4 main lines and the Turkish firm STFA and Yapı Merkezi are awarded with the Gold Line Packet at a price of 4.4 billion dollars.

The prequalification process for the 5 packets of Doha Metro tender started in April 2011. The pre-qualification process took about 1 year, and when it was completed in May 2012, the tender process started . Each of 18 Joint Ventures established by a total of 52 firms were allowed to bid for only two of the five packaging.

The tender for the Gold Line, for which Yapı Merkezi and STFA bid, took about 2 years to be finalized. At the final stage STFA – YM Joint Venture was competing against Impregilo (Italy)-SK (Korea) Joint Venture, Hochtief (Germany) – CCC (Greece/Palestine) Joint Venture and BAM (Netherlands)-Sixco (Belgium)- Midmac (Qatar) JV. At the final stage of the project, STFA – Yapı Merkezi and the JV which had Hochtief as the pilot firm were left and the one that signed the contract was STFA and Yapı Merkezi Joint Venture.

The project is planned to be completed in 54 months, in other words in August 2018.

Yapi Merkezi and STFA is awared from Doha Gold Line in Quatar

 

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