Monday, December 25, 2017

Barwa awards $356m Qatar labour city contract

Barwa Real Estate Company, a leading Qatar-based developer, has awarded a QR1.3 billion ($356 million) contract to Insha Company for the construction of a new labour city in capital Doha.

The company has already signed a leasing contract with the Ministry of Municipality and Environment for the rental of two plots of land spread over a total area of 1.18 million sq m on Salwa Road for a lease term of 27 years.

The land will be developed into a labour city, taking into account social, cultural and architectural standards that are consistent with the Qatar National Vision 2030.

As per the deal, Insha will be completing the construction work within a year, said the company in a statement.

Gathering all the needed facilities, the city will aim to provide housing for workers of different nationalities and cultures, especially those living in slums.

​​​​​​​​​​​​The project comes as part of the Qatari government efforts to improve the housing standards of workers and meet the needs of the local market in line with the objectives of the Qatar National Vision 2030 and Qatar's preparations for hosting the 2022 World Cup, said the statement.

Occupying an overall area of 994,567 sq m on Salwa Road, the project includes the construction of 3,170 residential houses, each comprising of eight rooms, eight bathrooms and a kitchen, in addition to retail shops and mosques with a total building area of 730,728 sq m, it stated.

The infrastructure works include setting up 25 power substations, internal roads and potable water, fire, irrigation and sewage networks as well as surveillance cameras.

An adjacent plot of 183,538 sq m has been allocated as parking lots for buses, in order to reduce traffic congestion within residential areas, it added.-TradeArabia News Service

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