Turkish Yüksel Inşaat has reportedly won the bid for the "Al-Bustan Road North Section Design & Build" project in Qatar's capital city of Doha.
Yüksel İnşaat has announced that the company's offer for "Al-Bustan Road North Section Design & Build" project was approved as "the best technical and financial offer" by the Public Works Authority of Qatar.
Estimated to cost QR2.9 billion ($789.3 million), the said project was given to Yüksel-Ferrovial Joint Venture established in collaboration with the Spanish Ferrovial Agroman and Yüksel İnşaat, according to the announcement.
It is also noted that the high-value road project put up for bidding by Qatar and expected to be completed within three-and-a-half years, also covers one bridge, eight underpasses, seven overpasses, four lightless intersections, 5.4 kilometers of four-lane express roads running in each direction, side roads, retaining walls, pedestrian and bicycle roads, traffic signs, infrastructure, landscape and road lightings, micro-tunnel design and construction projects.
Established in Ankara in 1963, Yüksel İnşaat has been involved in numerous transportation, energy, treatment and industrial facilities. Yüksel continues to carry out major projects both in Turkey and abroad in countries such as Kazakhstan, Afghanistan, Saudi Arabia, Uzbekistan, Georgia, Ukraine, Romania, Dubai, Qatar, Jordan, Libya and Northern Iraq. The Gebze-Izmir Motorway Project was awarded to the group of six companies with Yüksel having a 1/6 share both as an investor and an EPC contractor in the group. The $6.8-billion project is currently one of the largest infrastructural projects in Turkey to date.
