Qatar set for upsurge in project tenders: MEED

TRIBUNE NEWS NETWORK

DOHA QATAR is all set to witness an upsurge over project tenders and awards in the next two years, as the country enters the next crucial phase of its preparations for the FIFA World Cup 2022 and its bid for the Summer Olympics in 2020, according to MEED Events.

The projects to be awarded will be comprehensively discussed at the Qatar Projects 2013 conference to be organised by MEED Events with the support of the Ministry of Business and Trade.

Announcements of new tenders, bidding and awards, which are expected to reach $30 billion a year from 2013-2014; as well as a comprehensive discussion of the solutions to the massive challenges being faced by project owners, developers and contractors in Doha will be the highlights of the premier gathering of projects industry stakeholders from across the region.

Since the announcement of Qatar’s winning bid for the FIFA World Cup 2022, there has been a huge frenzy in the projects industry, eager to capitalise on huge opportunities. Some major contracts were announced, but a huge chunk of the projects are yet to be awarded.

The last two years, for most players, was a time of preparation; setting up new partners and securing financing. This year, as the Qatar Projects conference celebrates 10 years, it will set the industry abuzz with new project announcements.

“The next five years will showcase the critical developments that will transform Qatar as it steps up to deliver on mega, medium and small size projects. Qatar Projects is a must-attend event as it provides stakeholders access to information that will enable them to secure a piece of the nearly $60 billion worth of contracts up for grabs,” said Edmund O’ Sullivan, Chairman, MEED Events.

In addition to discussing the development and delivery of Qatar’s infrastructure projects in the lead up to World Cup 2022, other important discussions include assessing the investments required and the overall outlook for project financing in the next two to five years.

The winner of MEED’s inaugural “Qatar Projects Leadership Award” will be also recognised at the exclusive networking dinner to be held on February 18, 2013. The ceremony will feature some of Qatar’s most innovative projects and showcase how these projects are significantly advancing economic diversification.

Qatar Projects 2013 will provide not just insights and information about the projects industry in Qatar, but important networking opportunities for all participants.

The event is supported by The Ministry of Business & Trade, Qatar, International Bank of Qatar (IBQ) as Platinum sponsor and Mashreq as Silver Sponsor and Patton Boggs as Lunch Sponsor.

Further details are available at www.qatarprojectsconference.

com.

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