Lotte Engineering & Construction awarded US$ 121.96 mn Doha Metro contract
Posted on 9th December 2014
Lotte Engineering & Construction (E&C) has been awarded a US$ 121.96 million contract to build a part of the Red line North section of the Doha Metro project. The Red Line North Project consists of a 6.7 kilometer stretch from Doha to the north section of Qatar.
Lotte E&C will construct a section of the project, which has a total cost of US$ 609 million, jointly with Rizzani de Eccher of Italy and Redco of Qatar (60% for Rizzani, 20 % respectively for Lotte E&C and Redco) including elevated and ground metro lines, tunnel excavations and stations.
According to a report in Business Korea, construction will begin at the end of this month and take 43 months to complete. In 2013, the Red Line North contract was awarded to a consortium led by Italian firm Impregilo alongside South Korea's SK Engineering Construction Co and Galfar Al Misnad Engineering Contracting.Back to all Construction News
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