Turfish firm Turkey’s Tekfen Holding has announced that its construction unit has won a $200m contract to build a highway in Qatar.
“One of our subsidiaries, Tekfen Construction, won construction works for the Eastern Industrial Road (Ashghal) from the Qatari Public Works Directorate for $729.6 million Qatari Riyal (nearly $200 million),” the company said in a statement.
As per the statement released by the firm the project is slated to be completed over a 27-month period.
The comapny revealed that with this project Tekfen’s projects in Qatar rose to four, which includes the construction of a nearly 2.5-km highway with two viaducts.
According to the release, the ongoing projects of the company in Qatar reached a value of $2.5 billion.
Tekfen’s projects total business value has risen to nearly $5 billion in Qatar since its first entrance into the country in 2005, it added.
The picture shows a rendering of $2.1bn Al Khor expressway, the largest contract in Tekfen’s history.
Photo: The Peninsular Qatar