Gamuda Bhd said the Sinohydro-Gamuda-WCT Joint Venture has been awarded additional works and settlement worth 760 million Qatari riyals (about RM740mil) for the New Doha International Airport (NDIA) project.
The joint venture is developing the RM2.6bil NDIA.
The NDIA steering committee had, on July 30, agreed to award to the joint venture additional works and settlement in respect of all the outstanding counter-proposals for the variation orders, contractor’s claims and scope changes under the airport contract.
Gamuda noted that the award was expected to contribute positively to the group’s earnings and net assets for the financial years 2010 to 2011.
No comments:
Post a Comment