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UPDATE.
(From Gulf Construction)
Qatar kicks off $6.87bn works Doha: A QR25 billion ($6.87 billion) public works project, which includes several infrastructure development schemes, was launched by Qatar, recently
The Public Works Authority's (Asghal) plan includes 32 road projects, 19 construction projects and seven waste disposing projects
Some of the projects will be completed by the end of 2006, when Doha will stage the Asian Games
Tenders for the construction would be open to local and, under certain conditions, to international companies as well, said Zayed Mansour Al Khayareen, general manager of Asghal. However, tenders for projects worth less than QR100 million will be open only to Qatari companies
Projects worth between QR100 million and QR200 million will be open to joint ventures between Qatari and international companies. The Qatari partner must own no less than 51 per cent of the venture
Tenders for projects worth more than QR200 million will be open to joint ventures between international and local companies, with the condition that at least 30 per cent of the contract value would be subcontracted to local companies
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