$158 million construction deals signed at QSI expo

The recent QSI exhibition saw the signing of four major contracts worth a total of US $158 million in connection with the development and construction of four major sports projects.

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By  Rhys Jones Published  April 17, 2004

The QSI exhibition saw the signing of four major contracts worth a total of US $158 million in connection with the development and construction of four major sports projects. This year’s show was over 20% bigger than the first show in 2002 with 235 participating companies from 33 countries and a total of $230 million worth of contracts signed on the first two days alone. Signing on behalf of the Qatar National Olympic Committee was Sheikh Saoud bin Abdulrahman Al Thani, Qatar’s secretary general, who awarded the contracts. The first contract to be signed was awarded to Marbu Contracting for the development of the first phase of the Al Sadd Club. The deal amounts to $84 million and was signed on behalf of Marbu by their managing director, Ali Al Hakeem while Tadmur Contracting was the successful recipient of a contract worth $30 million for the first phase of development at the Al Arabi Sports Club. Signing on behalf of Tadmur was chief operating officer, Dafer Mustafa Hullawa. Al Thani awarded another contract on behalf of QNOC to International Trading & Contracting, which is part of the Salam International Group. The contract relates to the development of the Qatar Sports Club and is worth around $23 million. Signing on behalf of the Salam International group was Hussam Abu Issa, vice chairman & COO. The final signing was with Al Attiyah Contracting & Trading Co, (ALCAT), for the second phase of development at the Al Wusayl Shooting Range. Signing for the $25 million contract was ALCAT’s General Manager, Mr George Daniel. Deals signed at this year’s show surpassed the same event two years ago within the first two days. “The QSi expo has already generated nearly five times the value of business transacted at the previous show in 2002”, said Perry Smith, Qsi’s director of international relations. An additional $5 million for consultancy services associated with major sports construction projects were also signed. Deals included an award to Design Consult Bureau for the pre contract services for the second phase of development of the Al Sadd Sports Club worth a total value of $960 000. The second contract went to German consulting engineers, Kerbs & Kiefer for post contract services of phase one at Al Sadd Sports Club worth $1.5 million. Engineering Consultants Group were the recipients of a $820 000 pre-contract project for the Al Arabi Sports Club. The fourth award went to Consulting Engineering Group for consultancy services associated with phase two of the development of the Racing & Equestrian Club. The final award went to KEO International Consultants for the $275 000 pre-contract services associated to the development of a nine hole golf course at Doha Golf Club. “It’s very exciting to see the show used as a platform for such important business transactions, it really underlines the commitment Qatar is making to all sports facilities and the long term benefit of the local community,” said Virginia Kern, chairman of the expo’s organisers, Fairs & Exhibitions.

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