Source ::: The Peninsula
DOHA: Qatar Insurance Company (QIC) yesterday inked a deal with United Development Company (UDC), awarding the latter the management contract for the design and construction of the insurance firm's tower in the Porto Arabia district of The Pearl-Qatar.
Under the terms of the agreement, QIC has asked UDC to undertake the administration of the architectural and engineering design and to provide the administration of project management, construction management and site supervision services in connection with the development of Tower 14B in Porto Arabia
QIC board member Sheikh Hamad Al Thani said the tower would be ready in 18 months, though he felt the project may be completed even earlier, at 14 to 16 months. Sheikh Hamad said: "We are ready to start the tendering process now."
According to UDC board member Omar Al Fardan, housing for 15,000 to labourers will also be set up, from where they can work on the various projects, without them having to be bussed in..
QIC will also be able to use raw materials that are at UDC's disposal on-site, such as cement and other building items, Al Fardan said.
The Pearl-Qatar project will be to some 40,000 people by 2009 and the first units of Porto Arabia will be ready by late 2007.
btw: QIC is building tower in front of city center so this is the second tower