IFLR1000

Khalifa Avenue Project

11/11/2015
Project development, Project finance
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QR 3.95 billion

$ 1.085 billion

Announced

11/11/2015

Overview:

  • Khalifa Avenue Project.
  • The project is a road modernisation scheme ahead of the country's hosting of the FIFA Wolrd Cup in 2022.
  • The project is being developed by a joint venture owned by Saudi Binladin Group, Qatari Diar and QD-SBG Group.
  • Saudi Binladin Group has taken out QR3.95 billion in financing from Qatar National Bank in relation to the project.

Sam Duke - Editor

Jurisdiction:

Qatar

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Transport

Firm:
Baker McKenzie

Party: Saudi Binladin Group (Borrower)

Lawyer: Basel Barakat

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