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Wednesday, November 25 - 2009

Qatari Diar announces the release for Doha Exhibition Center and Tower's 3rd Construction Package

Qatari Diar Real Estate Investment Company, a leader in sustainable development, has announced today that it has invited a limited number of pre-qualified contractors to bid for the third construction package for the Doha Exhibition Center & Tower, which involves the Tower and Retail components of the project.

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  • "We are pleased to be entering this exciting new phase of the Doha Exhibition Center and Tower," said Mr. Ghanem Bin Saad al-Saad, Qatari Diar CEO.
    "We are pleased to be entering this exciting new phase of the Doha Exhibition Center and Tower," said Mr. Ghanem Bin Saad al-Saad, Qatari Diar CEO.
Qatari Diar, appointed as the main developer of the project by the project owner Barwa Real Estate Company, is developing the Doha Exhibition Center and Tower which is bound to become the icon for Qatar and illuminate the Doha skyline.

The tower was designed by the world renowned architect Helmut Jahn, famous for the Deutsche Post building and the Sony Center in Berlin. The tower will soar approximately 112 stories into the sky and will offer panoramic city and blue water views from its prestigious location on the Corniche.

It will be home to a luxurious hotel, luxury apartments, and lavish penthouses. The building will also include substantial offices' floor area set to create an amazing work ambience.

The Exhibition Center, adjacent to the Tower, will provide expansive retail area dedicated to luxury brands and exhibition space. It is destined to become an important regional and international exhibition location.

"We are pleased to be entering this exciting new phase of the Doha Exhibition Center and Tower," said Mr. Ghanem Bin Saad al-Saad, Qatari Diar CEO.

He added:
"This project will redefine the Doha skyline for years to come, and will help further position Qatar as a truly forward-looking country."


The first construction package was for the piling works for the overall project, and the second, released just a few months ago, involved construction of the Exhibition Center. The second package is due for award before the end of this year.

Qatari Diar, an investment company of the Qatari government, is wholly-owned by the Qatar Investment Authority.
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Notes and media contacts

About Barwa:

Barwa is one of the premier organizations in the State of Qatar. As the name "Barwa" or "Contractual Commitment" suggests, we are inspired by our vision of a glowing future for Qatar.

With business interest in real estate & project development, property and facility management, construction material production, environmental activities and health, banking and finance, hotels and resorts, technology and utility, knowledge and communications and agriculture; Barwa is driven by the conviction that people deserve a comfortable living and working environment.

With extensive operations in Qatar and around the world, we believe that every BARWA project is the seed for an incredible journey, where our greatest achievement is realizing the dreams of our stakeholders.


About Qatari Diar Real Estate Investment Company:


Owned by the Qatar Investment Authority, Qatari Diar Real Estate Investment Company was established in December 2004 to support Qatar's growing economy and to co-ordinate the country's real estate development priorities. Qatari Diar creates distinguished property developments with local culture and lifestyle experience to attract tourism and residents generating sustainable and tangible socio-economic benefits.

Qatari Diar's vision is to become the most trusted and effective real estate investment company by focusing its value proposition on the creation of quality, well-planned and desirable sustained developments. Qatari Diar also provides local and foreign property developers with further opportunities to invest in numerous projects across the globe, including but not limited to Qatar, Syria, Morocco, Egypt and Europe. Qatari Diar owns 45% of Barwa Real Estate Company's shares.

For more information on Qatari Diar, please contact:

John Watts
Tel: +974 6876682

For more information on Barwa, please contact:

Bassel Hanbali
Tel: +974 6542099

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