Lusail City project

15/9/2015
Project development

QR 4.2 billion

$ 1.153 billion

Announced

15/9/2015


Overview:

  • Lusail City project.
  • A joint venture between Qatari Diar and Saudi Binladin Group has won the contract to design and construct the Lusail City project.
  • The project consists of the A1 artery road, the Lusail Plaza public realm and car park, 2km of multi-lane below ground highway, a 3 level combined tunnel, flyovers and bridge crossings, a light rail transit station, a 4 storey underground car park, local access roads, associated mechanical, electrical and hydraulic installations and waterfront landscaping works.
  • The development extends over 38 square km and also includes 22 hotels and housing.

Sam Duke - Editor

Jurisdiction:

Qatar

Deal type:

Project development

Practice area:

Project development

Governing law:

Qatar

Industry sectors:

Transport
Real estate
Construction and materials


Firm:

Party: Saudi Binladin Group (Project developer, Borrower)