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Sun June 13 2021

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Obayashi JV wins 14-building Doha complex

21 May 13 Msheireb Properties has awarded a QR2.5bn (£438m) building contract to a consortium of Obayashi Corporation and HBK Contracting.

The contract is for the penultimate stage, Phase 3, of its flagship project, Msheireb Downtown Doha. Phase 3 involves the construction of a built area of approximately 310,000m2, made up of 14 buildings that are up to 22 storeys in height. There will be two office buildings in the phase as well as 350 residential units spread across 11 buildings, four communal swimming pools in addition to a mosque, retail, hotel, hospitality and community facilities. Construction is expected to start this month.

“Joining a local company with an international contractor in a joint venture like this helps Qatari companies to further enhance their skills and capabilities and encourages the transfer of knowledge and expertise,” said Abdulla Hassan Al–Mehshadi, chief executive officer at Msheireb Properties Al–Mehshadi added.

Obayashi Corporation executive officer Kotaro Nonaka said: “We are honoured to be appointed as contractors for this crucial part of the development and to be part of the Msheireb Downtown Doha construction team. We look forward to working closely with Msheireb Properties and we thank them for giving us this exciting opportunity to be involved in the development of this world-class regeneration project.”

Msheireb Downtown Doha broke ground in early 2010 and its development will be completed in four phases, Phases 1A, 1B, 1C and Phase 2 have been already awarded.

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