Al Meera to build shopping centres
01 May 2016
Top Qatari retailer Al Meera Consumer Goods Company said it has signed contracts worth QR239 million ($66 million) to build six new shopping centres across the country as part of its expansion strategy.
The deals, awarded to Al Khayarin Group Contracting and Trading and Al Muftah Contracting Company, is part of the 14 stores planned for 2016 and beyond. As per the agreement, Al Muftah Contracting Company will work construct four new Al Meera shopping centres, while Al Khayarin Group Contracting and Trading will build two shopping centres for the company.
Four shopping centres will come up in Rawdat Aba El Heran, Azghawa, Leabaib and Umm Qarn, while two others will be located at Al Khor and Saileya, on a land area of 15,000 sq m each.
Dr Mohammed Nasser Al Qahtani, the deputy CEO of Al Meera, said out of the 14 planned, Al Meera has already started construction work at five branches including Sailiya North (Al Miarad), Leabaib 2, Al Wakra (west), Um Slal Ali and Bu Sidra and expects to complete the project within the next three months.
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