Qatar will complete construction of a new QR27bn ($7.4bn) port by the first quarter of 2016, the project’s executive director said.
About QR8bn of contracts for dredging and other work have already been awarded, Nabeel Mohamed al-Buenain said. The project should be completed below budget, he added.
Qatar, the world’s biggest exporter of liquefied natural gas, is planning to build new roads and an airport, as well as a $35bn rail and metro system and a bridge and tunnel system in Doha over the next 10 years. Many of the projects will prepare the country to host the soccer World Cup in 2022.
The new port, to be located to the south of the capital, will relieve congestion at the existing port, which is operating above capacity, al-Buenain said. The project will support the ongoing construction projects in the country, he said.