On May 26, 2020, China Railway Construction announced that China Railway 18th Bureau had won the contract for the construction and outdoor project of the third bid section of Qatar Bay Island. The winning bid was 1.098 billion Qatari riyals, approximately RMB 2.1 billion. The contract period is 28 months.
The project is located on Qatar Bay Island and is a subsidiary project of Pearl Island, a large international community focused on by the Qatar government. It includes 20 independent villas, 15 commercial and residential residential buildings, a mosque and a club, and outdoor Infrastructure is a high-end community that integrates entertainment, retail, and residential uses.
The project owner UDC Group is one of Qatar's most powerful public holding companies and is Qatar's leading construction company. The winning bid is the first cooperation between Qatar and the group. Both parties will take this opportunity to carry out in-depth cooperation in multiple fields.
Since its entry into Qatar in 2012, China Railway 18th Bureau has won five bids including Doha Beverly Hills Housing Construction and Oasis Hotel Project with a good reputation in the Middle East, with a contract value of nearly 200 million US dollars. Rolling development. A few days ago, the Beverly Hills project, a supporting project for the Qatar World Cup, undertaken by the Qatar Branch of the China Railway 18th Bureau Dubai Corporation, was officially completed.
Do you understand the 18th Bureau of China Railway? Do n’t you like China ’s Fortune 500 companies? This time, the signing of the contract for the construction and outdoor project of the third tender section of Qatar Bay Island is another fruitful result of the eighteenth bureau of the China Railway Group in the Qatar market. Editor / Peng Xue
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