Qatar tenders real estate PPP project
Qatari Diar Real Estate Investment Company (QDREIC) has launched a tender process to seek investors to design, build, finance and operate a Turkish Village development in Qatar.
QDREIC was established in 2005 by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar.
The project originally announced in 2014 will be located within the Lusail City. Back in September that year, the Emir Sheikh Tamim bin Hamad al-Thani and Turkish President Recep Tayyib Erdogan laid the foundation stone for the Turkish Village in Qatar.
Approximately 400,000 m2 of land has been allocated for the project. The project will be developed as a traditional tourist attraction which investors, without the obligation to develop the whole area, have been asked to come up with a design to suit their investment corpus.
Minimum equity investment of QAR300 million (US$82.3 million) is expected from the investors. They must credit experience in the development and/or operation of at least 50,000 m2 Gross Floor Area of mixed-use real estate project.
The prequalification closes on 12nd February 2017.
For further information please visit our business opportunities website.
Country news
-
-
October 27, 2016
Qatar launches tender for schools PPP
Qatar authorities have launched a tender process seeking firms to develop school projects in the country through Public-Private Partnership (PPP). Read more -
October 26, 2016
Atkins appoints managing director for transportation and infrastructure in Middle East & Africa
Atkins, a design, engineering and project management consultancy, has appointed Phil Malem as managing director for its transportation and infrastructure business, Middle East & Africa. Read more -
July 22, 2016
Qatar seeks consultants for Facility E IWPP
Qatar General Electricity and Water Corporation (Kahramaa) has launched a tender process for consultancy services to assist in the procurement process of a new independent water and power project, Facility E. Read more -
April 01, 2016
Qatar to complete PPP framework by end of 2016
The Ministry of Economy and Commerce (MEC) of Qatar recently said it would submit the draft public-private partnership (PPP) law to the cabinet by August this year and hopes to have the framework completed and implemented by the end of 2016. Read more -
January 18, 2016
Financial close for Facility D Natural Gas-Fired Power Generation and Desalination Project in Qatar
Project financing has been provided by the Japan Bank for International Cooperation (JBIC), the Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Trust and Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, the Norinchukin Bank, Qatar National Bank, and KfW IPEX-Bank. Read more
