Qatari retailer Al Meera Consumer Goods Company has signed an agreement with two contracting firms to build six new shopping centres out of 14 in the company pipeline. The company said in a statement that Al Khayarin Group Contracting and Trading and Al Muftah Contracting Company have been hired, with the total contract value of QR238.7 million ($65.5 million).
As per the agreement, Al Muftah Contracting Company will work on the construction of four new Al Meera shopping centres, while Al Khayarin Group Contracting and Trading will be building two new shopping centres for the company. Project Management services for the six new stores will be provided by Al Rayan Partners (ARP). The four shopping centres awarded to Al Muftah Contracting Company will be located in Rawdat Aba El Heran, Azghawa, Leabaib and Umm Qarn.
Al Khayarin Group Contracting and Trading will work on two new Al Meera shopping stores in Al Khor and Saileya, the statement added. Dr Mohammed Nasser Al Qahtani, deputy CEO of Al Meera, said: "We are excited to venture into this new partnership with Al Khayarin Group Contracting and Trading and Al Muftah Contracting Company. "Our expansion plans are a result of a well-researched strategy to march with Qatar's urban plans, as well as to drive the company's future growth."
In 2015, Al Meera announced the opening of 10 new stores, with 9 stores covering Muraikh, Al Azizia, Muaither, Jeryan Njeima, Al Thakhira, Al Wakra, Al Thumama, Al Wajba, Rawdat Ekdeem and a branch in Gulf Mall.
source: Arabian Business
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