Ashghal likely to award Al Khor Industrial Area Phase 1 Infrastructure contract in Q2
The tender, issued on 6 March 2025, is for a consultancy contract covering concept, preliminary and detailed design, MEP, quantity surveying, and lead design services.
'Bid submissions closed on 20 April 2025, and the award is expected by the end of June,' the source told Zawya Projects, adding that Ashghal plans to complete the project by December 2027.
The project is located on a 3.7 square kilometre undeveloped desert site in Zone 75, Al Khor, and will comprise industrial units, commercial spaces, warehouses, storage facilities, and worker housing.
(Reporting by Deva Palanisamy; Editing by Anoop Menon)
(anoop.menon@lseg.com)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
5 hours ago
- Zawya
Seychelles: President Ramkalawan Attends Foundation Stone laying Ceremony for Orchid Village Affordable Housing Development Phases II & III
President Wavel Ramkalawan, accompanied by First Lady Mrs. Linda Ramkalawan and Vice President Ahmed Afif, attended the foundation stone laying ceremony for the second and third phases of the Orchid Village affordable housing development at Grand Anse Mahé on Friday morning. The comprehensive housing initiative encompasses 80 affordable residential units, comprising 32 two-bedroom and 48 three-bedroom accommodations. Ascent Project Limited will execute the construction over a 24-month timeline,with the project generously funded by the United Arab Emirates government at an investment of approximately USD 7.3 million. President Ramkalawan, alongside His Excellency Mr. Ahmed Saeed Alneyadi, Chargé d'Affaires of the UAE Embassy, and Minister for Land and Housing Billy Rangasamy, unveiled the commemorative plaque and laid the foundation stone, marking the project's commencement. The delegation also participated in a symbolic tree-planting ceremony. In his address, Minister Rangasamy expressed profound gratitude to the UAE government for their substantial investment in Seychelles' housing sector. The Minister announced the concurrent development of regional sewage treatment plants to service multiple housing estates, including this project, aligning with the nation's comprehensive infrastructure agenda for sustainable development. His Excellency Mr. Ahmed Saeed Alneyadi emphasized that the project "represents a significant milestone in the United Arab Emirates' commitment to providing quality housing for Seychellois citizens and fostering community growth. This grant transcends mere financial investment, it exemplifies the enduring friendship and solidarity between Seychelles and the UAE." President Ramkalawan conveyed his appreciation and satisfaction with the project's progress, noting it as one of three generous initiatives from the UAE government, alongside the English River rehabilitation project and the Anse Royale Sports Complex. "Let this village become a source of pride and cultivate a sense of community that enables our people to flourish," the President declared. National Assembly Member for Grand Anse Mahé District, Mr. Waven William, urged prospective beneficiaries to maintain consistent payment schedules to secure housing allocation. He encouraged current residents to preserve their properties through proper maintenance and foster harmonious neighborhood relations. William advocated for revised housing agreements reflecting contemporary realities, permitting homeowners to undertake repairs while preserving structural integrity, and called for proactive enforcement measures to maintain community standards. The ceremony was attended by Minister of Foreign Affairs and Tourism Mr. Sylvestre Radegonde, Minister of Health Mrs. Peggy Vidot, Principal Secretaries, Chief Executive Officers, National Assembly members, Grand Anse Mahé District Administrator Mrs. Retania Leon, Ministry of Land and Housing personnel, district residents, and distinguished guests. Distributed by APO Group on behalf of State House Seychelles.
Zawya
15 hours ago
- Zawya
Qatar's QSE index gains 6.53% since start of 2025
Doha: The Qatar Stock Exchange (QSE) ended this week on a positive note, rising by 0.360 percent, or 40.86 points, to close at 11,261 points - up from last week's closing- supported by gains across five sectors, led by the telecommunications sector, which recorded the highest increase at 3.620 percent. Commenting on the market's performance this week, financial market analyst Youssef Bouhlaiqa told Qatar News Agency (QNA) that QSE index held steady above its key support level of 11,200 points throughout the week. He noted that the index gained approximately 6.53 percent since the beginning of the year. Bouhlaiqa highlighted strong performance of the banking sector, which saw a 1.4 percent rise in net profits during the first half of 2025 compared to the same period last year, reaching QR15.1bn. Eight out of nine banks listed on QSE reported profit growth in the first six months of the year. Notably, Lesha Bank posted an impressive 52.29 percent increase in net profit. Qatar National Bank (QNB) accounted for the largest share of the sector's net profits, contributing 54 percent, with net profits reaching around QR8.4bn, a 2.93 percent year-on-year increase. Bouhlaiqa emphasized that the sector's positive performance underscores the resilience and strength of Qatar's banking industry, and its ability to adapt swiftly to changing local market conditions. Total trading value over the past week stood at approximately QR1.979bn, with a daily average of around QR396m, while the total number of transactions across all sectors reached 89,525. Qatar Stock Exchange general index closed yesterday's trading higher by 112.16 points, or 1.01 percent, to close at 11,261.62 points. During the session, 193,609,425 shares, valued at QR621,549,135.910, were traded in 21,682 transactions across all sectors. The session saw shares of 25 companies rise, 24 companies decline in their share price, and 3 companies maintain their previous closing price. Market capitalization at the end of the trading session amounted to QR668,298,298,297, compared to QR662,441,971,650 in the previous session. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
16 hours ago
- Zawya
Lusail bus depot is Middle East's first to rely on solar power with around 11,000 PV panels
DOHA: Land transport has become a key enabler of Qatar's economy and a cornerstone of its growth. The Land Transport Sector continues its efforts to develop a state-of-the-art transport network in line with the goals of the Qatar National Vision 2030. In a post on its X platform yesterday, the Ministry of Transport noted that Lusail Bus Depot is the first in the Middle East to rely on solar power to feed its buildings and highlighted various features of the depot. Located in Lusail City, north of Doha, the depot is considered the largest electric bus depot worldwide, according to Guinness World Records, featuring state-of-the-art photovoltaic (PV) solar panels within the depot, which is developed over a total area of more than 400,000m². It further said that the depot features approximately 11,000 PV solar panels covering a total area of more than 25,000m² to generate 4 megawatts (MW) of power to feed the depot's buildings with needed power. It consists of bus bays, service facilities, recreational facilities, green spaces, substations and associated infrastructure. The depot is divided into three zones. The first zone includes nearly 500 parking bays for e-buses equipped with 248 electric charging equipment, serving users 24/7. The second zone includes accommodations for all the depot staff with a capacity of 1400 people. It also includes administration, service, security, guardhouse buildings, mosques and commercial and recreational facilities. The third zone is a depot for Bus Rapid Transit (BRT) e-buses. It includes 24 bays equipped with 24 electric charging devices. An Operation Control Center (OCC) building is also located at the depot in an area of more than 39,000 m². It is considered the central command center where all bus operations are monitored and controlled. The mission of the Ministry of Transport consists of building an integrated and effective transport system that uses advanced technologies, serving all local sectors while linking Qatar to the wider regional and international economy. The Ministry continues its extensive efforts to develop reliable, efficient and sustainable transport planning and ensure a safe and effective nationwide network of roads and highways constructed according to international standards and best practices. In conjunction with executive bodies in Qatar, the Ministry developed the projects of the Public Bus Infrastructure Program, fully equipped with an infrastructure that facilitates the operation of ecofriendly e-buses as part of achieving the goals of the QNV 2030. The programme aims at providing an integrated, sustainable public transit network that covers all urban areas across the country and forms a coherent transportation unit that includes public buses, Doha Metro, and tram networks. It lays the foundation for a full transformation to an electricity-powered transit system that is clean and eco-friendly, using latest technologies, with a view to providing the best services in a fashion that support sustainable development. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
