Housing ‘village’ for thousands of Qatar workers planned in Wukair

Housing ‘village’ for thousands of Qatar workers planned in Wukair

A Qatar-based company has said it plans to start construction on a 6,000-bed labor camp outside Doha this year. The announcement comes as more contractors here are finding that their ability to win business is becoming dependent on providing high-quality workers’ accommodations. Daruna’s first project will be located on a 150,000-square-meter plot of land in Al Wukair, which is just west of Al Wakrah. Its “village” concept includes retail space, medical clinics and four-story residential buildings clustered in “neighborhoods” around common areas. “It’s a self-contained village that meets international and Qatari standards for worker housing,” Daruna (our house in Arabic) vice-chairman Joseph LeBaron, who is the former US ambassador to Qatar, told Doha News. The key to Daruna’s business model is that its plans conform to the Qatar Foundation (QF) workers’ charter, company officials said. The document spells out living and working conditions for the employees of construction firms doing business with the non-profit entity, that go above and beyond what’s required by local laws. Read the full story at Doha...
Lusail development inches forward as Barwa plans new residential phase

Lusail development inches forward as Barwa plans new residential phase

One of Qatar’s largest developers has started design work on hundreds of new homes in Lusail City, although any influx of residents to the long-awaited master-planned community is still years away. Barwa Real Estate Group recently signed an QR88 million (US$24.17 million) contract with architectural and engineering consulting firm Erga Qatar for the second phase of its Fox Hills development. Dubbed “Dara,” Barwa has said its 147,000-square-meter project would be among the largest in the Fox Hills residential area of Lusail, portions of which are being developed by several different firms. Read the full story at Doha...
Qatar places Sharq Crossing project on hold

Qatar places Sharq Crossing project on hold

Amid declining government revenues and an overheated construction sector, a report has emerged that Qatar is delaying the development of the iconic Sharq Crossing. Dubai-based business intelligence firm MEED reported this week that delivery of the project would be postponed as Qatar starts deferring non-essential infrastructure schemes. Qatar’s public works authority, Ashghal, did not immediately respond to questions Monday. The Sharq Crossing was to be a 12-kilometer series of tunnels and bridges connecting Hamad International Airport, Katara Cultural Village and the Dafna/West Bay business district. Along with being an architectural icon that redefined Doha’s skyline in time for the 2022 World Cup, the Sharq Crossing was expected to be capable of handling 6,000 vehicles an hour and offer some relief to commuters on the Corniche. After some five year of discussions, plans for the project – dubbed “one of the most ambitious engineering projects ever undertaken in the Middle East” by officials – were unveiled with much fanfare in December 2013. Read the full story at Doha...
Qatar named MidEast’s most expensive construction market

Qatar named MidEast’s most expensive construction market

Construction costs in Qatar remain the highest in the Middle East, followed by the UAE and Saudi Arabia, according to a new report released by EC Harris, the global built asset consultancy firm. The ARCADIS International Construction Cost study benchmarks building costs in 43 countries across the globe and found that relative construction costs have been affected by currency fluctuations, commodity prices and increasing demand for development in many recovering economies throughout the year. With Gulf currencies closely tracking the US dollar, the impact of these fluctuations on Gulf countries has been limited, it said. It added that in the Gulf region, costs remain relatively modest, despite high levels of investment in transport infrastructure, such as the $200 billion GCC rail network, and extensive event-led construction in the shape of Qatar’s successful World Cup bid and Dubai’s 2020 World Expo. Read the full story at Arabian...
Construction drives Bahrain’s economic growth in Q3

Construction drives Bahrain’s economic growth in Q3

Bahrain’s economy grew 5.1 percent from a year earlier in the third quarter, according to new figures released by the Bahrain Economic Development Board (EDB). The EDB said the Q3 growth continues the momentum from earlier in 2014 and “reflects the positive impact of the initiation of a number of significant infrastructure projects”. Overall growth for 2014 is forecast to have been in excess of 4 percent, a statement said. The latest Bahrain Economic Quarterly also highlighted the resilience of Bahrain’s non-oil growth. Read the full story at Arabian...
Developer Cayan unveils $326m Dubai, Riyadh projects

Developer Cayan unveils $326m Dubai, Riyadh projects

Real estate developer Cayan Group on Sunday announced that it is developing projects worth AED1.2 billion ($326 million) in Dubai and Riyadh this year. The company said in a statement the projects will be built on recently purchased prime plots in the two cities. In Riyadh, Cayan Group said it has acquired a prime commercial plot along King Fahed Road in Riyadh where work on a state-of-the-art office building will soon begin. The company also said it has acquired two plots on Umm Suqeim Road in Dubai for planned upscale residential and hotel apartment towers. Read the full story at Arabian...