Preferred bidder announced for Qatar school PPP package 1

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ASHGHAL in Qatar has selected Barwa Real Estate Group as Preferred Bidder for the Qatar Schools PPP Development Program – Package 1. Barwa will be developing eight public schools across Qatar, for the Ministry of Education and Higher Education, as well as maintaining them for a period of 25 years in return for rental income.

This Public-Private Partnership endeavor is the first of its kind in the State of Qatar, and an investment opportunity which brings sustainable long term returns for the group and its shareholders.
 
The contract value and the financial impact will be announced after the commercial close and contract signing.
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