DOHA: QPMC wrapped up 2015 by signing four new agreements for the supply of 19,980,000 tonnes of high quality aggregates (gabbro and limestone) over the next three years from various sources.
The agreements were signed to ensure that Qatar’s fast growing construction sector continues to thrive in the right direction by securing the required materials and thus maintaining market stability.
The four agreements were signed with the companies ,The Gate Primary Materials, Continental Trading Company, Qatar Engineering Alliance Co and Al Baida Technical Services. These agreements come in line with QPMC’s vision of diversifying supply sources to secure the needed primary materials, for public and private sectors in Qatar.
The actual implementation of the agreements start early 2016, which contribute to the revitalization of the role of the most important economic sectors in Qatar and the achievement of sustainable development, in line with QPMC’s vision. They also ensure the delivery of all the required quantities in addition to the stability of prices of primary materials in the local market and pushing forward further economic development while speeding up the completion of major construction and infrastructure projects.
QPMC supplies the needed primary materials to meet the local market demand of primary materials of limestone and gabbro, to suit all construction requirements.
The procured materials will be stored in QPMC-owned facilities in Lusail, Mesaieed and RasLaffan which will ensure accessibility of materials in the north, south and the capital city of Doha and timely delivery to all construction sites around the country as well as customer satisfaction including contractors and customers of primary materials from the private and government sectors.
QPMC CEO Eisa Al Hammadi said that the construction materials supplied by the companies will be imported from Oman and the United Arab Emirates via private Qatari companies with quarries abroad.
Seperate agreements were signed by Dr Mohammed Al Kubaisi, Chairman of Qatar Engineering Alliance Co, Sheikh Fahad bin Jassin Al Thani,Chairman of Continental Trading Company, Ali Al Mesned, Chairman of Al Baida and Abdullah Al Hail, Chairman of The Gate (Al Bawaba) Primary Materials.
Continental Trading Company, Qatar Engineering Alliance Co and Al Baida Technical Services will supply the required amount of primary materials from Sultanate of Oman whereas Al Bawaba, The Gate Primary Materials will provide the contracted quantity from UAE.
Sheikh Fahad bin Jassin Al Thani, Chairman of Continental Trading Company, said: “We are very pleased with our partnership with QPMC, to provide the needs of the existing projects in our beloved country.”
While engineer Ali Al Mesned, Chairman of Al Baida Group, commented “From our side, we value QPMC’s vision and mission. We are delighted to support the government’s arm in the supply of aggregates which sees itself supporting the economic cooperation between Qatar and the Gulf countries with its utmost determination to secure the future and continuous cooperation between the public and private sector projects, by supplying primary construction materials.”
Eisa Al Hammadi added: “QPMC operates in line with Qatar national vision to activate the interaction between public and private sectors and the diversification of the local stockpile, to push forward the development of local infrastructure projects”.
Al Hammadi said the agreed volume of aggregates will enter Qatar through the sea. All imported materials match the Qatar Construction Specifications (QCS): “specifications also meet the local market needs and align with the Ministry of Environment required specifications”.
QPMC’s Gabbro Berth Terminals operate 24 hours to guarantee the high quality of the material supplied to the local market.
The mentioned additional agreements marks one of QPMC’s main strategic achievements for 2015 – which succeeded in stabilizing the domestic prices of primary materials and keep up with Qatar’s fast growing construction industry.
