FINANCIAL NEWS

Qatar Aluminum Extrusion to build manufacturing facility

15 Feb 2010

(MENAFN) Qatar Aluminum Extrusion Company (QAEC) said that it has signed the facility construction contract with Al Alia Trading and Contracting Co, to construct the manufacturing facility and other associated infrastructure for QAEC, in New Industrial Area, Gulf Times reported.

The other associated business groups with QIMC are Salam International investments Ltd, Qatar Real Estate, Alutech, Aluminium Gulf Ray, Qatar Oman Investment Co and Qatar Belgium Aluminium co., a statement posted to the Qatar Exchange said.

The QAEC called for more than 7 reputed firms of Qatar for the tender bid. Al Alia trading and contracting co., has emerged as the tender bid winner. Al Alia Trading & Contracting co. is the Qatar based company having a fine track record of constructing number of industrial set ups in all parts of the Qatar.

The project is estimated to be completed by 10 months from date of inception.

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