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Fri April 23 2021

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Sacyr lands €415m Qatar development deal

15 Jul 15 A consortium of Sacyr and UCC has been appointed for the design and construction of a new urban development in Qatar.

The €415m (£294m) contract for state development company Manateq involves the Qatar Economic Zone 1 (QEZ-1) in Ras Bufontas.

The work awarded to Sacyr-UCC covers an area of approximately 4.1km2 in an area intended to become a centre for logistics and advanced technologies.

The Middle East’s  construction, industrial and water sectors have been identified by Sacyr as growth targets in the group’s strategic. Sacyr is bidding for projects in the UAE, Jordan and Oman.

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