Bunnik, Netherlands, 2 June 2005 – Interbeton bv - the operating company of Royal BAM Group nv, active outside Western Europe - has been awarded a joint-venture contract for the Al Bidda Tower, a 43-storey office in Doha, the capital city of the State of Qatar.
The 200-metre high Al Bidda Tower for client The Platinum Tower Company, Doha has a contract amounting to approximately € 60 million, of which Interbeton’s share is half. The contract period is 28 months.
The Al Bidda Tower will be built by Higgs & Hill Overseas Ltd, a local subsidiary of Interbeton, in joint-venture with Qatari Arabian Construction Company (QACC). Currently, both companies are also working together on the construction of the 237-metre high residential / office tower Park Place in Dubai.