Phase 2 Msheireb Downtown Doha awarded
Msheireb Properties confirm QR 2.3 Billion (AED 2.35 Billion) contract.
Msheireb Properties, one of Qatar’s leading sustainable real estate developers, have announced the award of a QR2.3 billion (AED 2.35 Billion) contract to Arabtec.
Arabtec will develop Phase 2 of the Msheireb Downtown Doha project which focuses predominantly on retail-oriented mixed-use activities including a retail galleria, residences, offices and hotel in the heart of Doha.
The contract will covers construction of a built-up area of approximately 370,000m² including ten 2 to 19 storey high buildings with up to 5 basement levels each.
Commenting on the award, Managing Director of Arabtec, Hasan Ismaik stated, “it is an honour for us to be involved in such an esteemed project, and I would like to thank Msheireb Properties for providing us this exciting opportunity and putting their trust in Arabtec."