Barwa Launches Phase 3 of Madinat Al Mawater and Spare Parts Complex

March 20, 2019

Barwa Real Estate announced the award of the construction of the third phase of Madinat Al Mawater project to the Contractor “Hassanesco Trading and Contracting (HCC)” for a value of QR 335,000,000, with a completion period set at 18 months.

The project spreads over a total construction built-up area of around 167,072 square meters, which includes used-car lots, apartments, shops, workshops. In addition to an integrated car services center, a commercial car spare parts complex, a hypermarket, a mosque and a car dealer showroom. Moreover, the project will cover the construction of the infrastructure work which includes the construction of an electricity substation, internal roads, networks for potable water, firefighting systems, irrigation, storm water and foul waters and surveillance cameras with all related services such as pump rooms, water and irrigation tanks, as well as sewage treatment plant.

Mr. Issa bin Muhammad Al Muhannadi, Vice Chairman and Managing Director of Barwa Real Estate, noted that the third phase of Madinat Al Mawater project is considered one of the largest phases of the project to date and is built with high quality. He also praised the unlimited support of the government and the trust it places in the private sector in regards to urban development in Qatar under the patronage of His Highness Sheikh Tamim Bin Hamad Al Thani, the Emir, and the follow-up of His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, Prime Minister and Minister of the Interior for the State of Qatar.

The launch of this phase comes after the construction and operation of the first and second phases of Madinat Al Mawater project, located on Rawdat Rashid road near the intersection with Salwa Road. It will serve as the main destination and the first and largest project in the State of Qatar for all services related to the sale, purchase and maintenance of used cars and vehicles. This project is one of the benefits of the partnership between the government and the private sector represented by Barwa Real Estate Company in order to create a central market for providing all the necessary services for the car business. The first and second phases were implemented according to the highest standards despite the unjust blockage imposed on Qatar.

It should be noted that there is no conflict of interest between the contracting parties to this agreement.