The joint venture is to offer planning and construction services in Qatar and abroad. Its main task will be one of the biggest urban development projects in the world: The company will develop a site of approximately 35 square kilometers north of the city of Doha into a metropolis called Lusail. The new city for about 200,000 inhabitants is planned to comprise ten districts with residential areas, shopping streets, leisure facilities, schools, medical centers and two harbors. Specialists from HOCHTIEF ViCon had previously won a partial contract for planning Lusail: The Group subsidiary will coordinate the use of 3D technologies during the development phase.

"With the contract signature, we systematically continue our successful engagement in the Gulf region," says Henner Mahlstedt, Chairman of the Executive Board of HOCHTIEF Construction. In 2009, the subsidiary had signed the main contract for the construction of the more than 8-kilometer-long shopping mall Barwa Commercial Avenue in Qatar. The EUR 1.3 billion assignment was the biggest contract ever in HOCHTIEF Construction’s history. In a joint venture, the company also planned the Qatar Bahrain Causeway, a 40-kilometer bridge link between the two countries.