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VINCI Wins the Design-build Contract for A New Motorway Near Doha, Qatar - The joint venture comprising lead company QDVC, VINCI Construction Grands Projets subsidiary, and Qatari Bin Omran Trading & Contracting has been awarded the second works phase of a new motorway (New Orbital Highway) on the outskirts of Doha
VINCI Wins the Design-build Contract for A New Motorway Near Doha, Qatar

 

PRZOOM - /newswire/ - Rueil-Malmaison, Hauts-de-Seine, France, 2014/04/01 - The joint venture comprising lead company QDVC, VINCI Construction Grands Projets subsidiary, and Qatari Bin Omran Trading & Contracting has been awarded the second works phase of a new motorway (New Orbital Highway) on the outskirts of Doha. CAC 40; Euronext 100

   
 
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• €850 million contract;
• 47 km motorway section to be built in 36 months.

The joint venture comprising lead company QDVC, a 51% Qatari Diar, 49% VINCI Construction Grands Projets subsidiary, and Qatari Bin Omran Trading & Contracting has been awarded the second works phase of a new motorway (New Orbital Highway) on the outskirts of Doha.

The €850 million contract covers the design and construction of 47 km of motorways, 6 viaducts, 17 bridges and underpasses and a 320-metre cut-and-cover tunnel. This motorway section will have a five-lane dual carriageway for light vehicles and two truck lanes in each direction. Work is to commence in May 2014 and take 36 months to complete.

The new highway, which is nearly 200 km long, will connect the new port of the Qatari capital with Ras Laffan, the gas-producing industrial city in the north of the country. The highway will bypass Doha and relieve current traffic congestion while preparing to accommodate projected road traffic increases.

This new success achieved by VINCI Construction Grands Projets in Qatar (vinci.com) reflects the local roots of its subsidiary QDVC, which has positioned itself in seven years as a major player in the Qatari construction market. The company is currently working on the southern works package of the Doha metro's red line, the light rail project in the new city of Lusail and the Sheraton underground car park and landscaped gardens in the heart of the West Bay business district. In 2012, QDVC handed over the country's largest pumping station.

 
 
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VINCI Wins the Design-build Contract for A New Motorway Near Doha, Qatar

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New Motorway Near Doha | VINCI
Contact: Maxence Naouri - VINCI.com 
+33(0)1 47 16 31 82 maxence.naouri[.]vinci.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VINCI securities in any jurisdiction including any other companies listed or named in this release.

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