Doha:Mekdam Holding Group announced that its subsidiary, Mekdam Technical Services W.L.L., has received a Letter of Award from Qatar's Public Works Authority, Ashghal. The contract involves providing and seconding specialized professional personnel to Ashghal's Designs Department, with a potential value of up to QR262.5 million.
According to Qatar News Agency, the contract duration is set for three years from the commencement date or until the total value of issued mobilization orders reaches QR262.5 million, whichever comes first. This development was detailed in a statement published on the Qatar Stock Exchange website.
The company expressed that this award would bolster its project portfolio and facilitate the continued expansion of its long-term project base. Mekdam also highlighted that the necessary contractual procedures would be completed according to tender requirements and documentation, leading to the contract signing and project start.
Additionally, Mekdam stated that the award underscores the ongoing demand for its services and aligns with its strategy for balanced growth and business diversification.
