Turkey's Tefken Holding secures $2.1B contract for Qatar highway

Published August 25th, 2016 - 10:00 GMT
Tekfen is already engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes. (Lusail.com)
Tekfen is already engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes. (Lusail.com)

Tekfen Construction, a unit of Turkey's Tekfen Holding, has signed a pre-agreement with Qatar's Ministry of Municipality and Environment for the construction of the Al Khor Expressway project, a report said.

The $2.1-billion project aims to build a 34-km-long highway with 10 lanes along with viaducts, road junctions, overpasses and underpasses, the company was quoted as saying by Anadolu Agency.

The project is expected to be completed in 36 months.

Speaking at the signing ceremony of the agreement in Ankara, Turkish Transport, Maritime and Communications Minister Ahmet Arslan said that the number of projects undertaken by Turkish contractors in Qatar reached 119, amounting to a $15 billion in value.

Tekfen, a Turkish conglomerate based in Istanbul, is engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes.
 

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