Publication Date:
Thu, 2010-09-09 02:37
The contract was awarded to Six
Construct Qatar — which is fully owned by BESIX Group, itself a 50-50 venture
between OCI and Belgian construction group Besix — in a joint venture with
Midmac Contracting company, OCI said in a statement on Wednesday.
The group has been previously working
on an earlier phase of the project since early 2009 and will now finish the
project by the end of October 2012 for the Qatari Diar Real Estate Investment
Company, the statement said. The
firm already won a contract in June worth $750 million to expand Qatar’s
international airport. OCI shares were trading 0.8 percent higher, while the
benchmark index was up 0.5 percent by 0900 GMT.
Taxonomy upgrade extras:
