Al Shafi: the QNCC residential compound, the first of several different construction projects slated, is currently in progress.
Mazaya Qatar Real Estate Development Company (QSC), one of the leading real estate development firms in the GCC region is working on completing the first phase of constructing the Qatar National Convention Center’s (QNCC) residential compound after the QR77 million contract was awarded to Shannon.
According to the agreement signed by Mazaya Qatar Real Estate Development Company (QSC) and Shannon, Shannon will finish and deliver part of the residential unit that they have already started by the fourth quarter of 2011.
Said Ahmad Al Shafi, Mazaya Qatar’s Public Relations Manager: “The QNCC residential compound, the first of several different construction projects to come, is currently under development and construction. The project was announced earlier last year, and the short time elapsed between being awarded the project and beginning construction proves Mazaya Qatar’s commitment to efficiently achieving its strategic plans and delivering projects on time.”
“The selection of the construction company followed an elaborate study and evaluation of all proposals submitted by bidders. Shannon Was selected based on its credibility and ability to deliver high quality projects on time, on budget and to agreed quality,” Al Shafi added.
“The company has a proven track record of compliance with contractual terms and conditions and working in accordance with the highest engineering and technical standards that meet both our ambitions and the clients’ aspirations.”
Last Year, Mazaya Qatar signed a Memorandum of Understanding (MoU) with the Qatar Foundation for Education, Science and Community Development and QNCC to provide for the latter’s staff accommodation needs. According to the terms of the MoU, effective the 4th quarter of 2011, Mazaya Qatar will have the exclusive right to provide or source 324 housing units for the QNCC, for a ten-year period.
