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Barwa appoints local consultant firm for Motor City project

Barwa appoints local consultant firm for Motor City project
Barwa
BRES
-0.72% 2.76 -0.02
Barwa Real Estate Group officially appointed the leading local consultancy Arab Engineering Bureau, for the delivery of the company’s newest development "Motor City". Eng. Ahmad Abdulla Al Abdulla, Acting Group CEO of Barwa Real Estate, and Eng. Ibrahim Al Jaidah, CEO/ Chief Architect of Arab Engineering Bureau signed an agreement as per which the Arab Engineering Bureau will be providing the “Motor City” project with Pre –Concept Master Plan, Infrastructure and Architectural Design, in addition to Cost Management and Tender Documentation services, as part of a transaction worth QAR49 million.

In early October, Barwa announced that it has signed an agreement with the Ministry of Municipality and Urban Planning in Qatar, under which Barwa rents a land extending over 1,150,000 square meters, located in Rawdat Rashid near Salwa Road, to develop its used-vehicle showrooms project and other relevant services.

The real estate developer, will develop the project divided into 3 phases over 4 years, and will benefit from the project through the BOT system for thirty years.