Bruce Barnard | Jun 16, 2011 12:04PM EDT
The Port of Doha, Qatar, plans to award contracts to build the first phase of a new container complex in the gas-rich Persian Gulf state in November.
Up to nine companies are said to have submitted bids for a second stage of projects at the New Doha Port, which will have an initial capacity of 2 million 20-foot equivalent units when it opens in 2015.
China Harbour and Engineering won an $880 million contract in March to carry out excavation work and construct a five-mile-long quay wall and a three-mile-long wave breaker for the port.
Located on greenfield site, the $5.2 billion project is scheduled to be completed in 2023 when it will have an annual handling capacity of 6 million TEUs.
Contact Bruce Barnard at brucebarnard47@hotmail.com.
