Elsewedy Cables Qatar awarded $329.6 Million Contract from Kahramaa
14 February 2024Qatar’s Aamal Company Q.P.S.C. (“Aamal”), one of the region’s leading diversified companies, announced that Elsewedy Cables Qatar – a subsidiary of Senyar Industries Qatar Holding W.L.L., one of Qatar’s leading industrial groups, in which Aamal is a 50% shareholder has been awarded the supply of low and medium voltage cables Contract.
The value of the Contract is QAR 1.2 Billion.
The Contract was awarded by Qatar General Electricity & Water Corporation (“Kahramaa”).
The duration of the contract is 3 years.
Mr. Rashid bin Ali Al Mansouri, CEO of Aamal, commented: “We are very pleased to announce this significant contract win by Elsewedy Cables Qatar, highlighting its position as a premier supplier capable of meeting the demands of large-scale projects in Qatar. We are proud of Elsewedy Cables Qatar’s sustained market leadership over nearly two decades, the result of continuous investment and expansion of its product portfolio. Through its subsidiaries and joint ventures, Aamal is seen as a trusted contributor to Qatar’s growth and development, playing a key role in major mega projects. Aamal remains well-positioned to capitalize on different opportunities across many economic sectors, delivering value for all our stakeholders.”
Ahmed F. Elswedy, Executive Vice President of Senyar Industries Qatar Holding, commented: “We are pleased to announce that Kahramaa has awarded Elsewedy Cables Qatar such a significant project for the supply of low and medium voltage cables. Through its quality products, expertise and unwavering dedication, Elsewedy has a long track record of contributing to Qatar’s infrastructure advancements. We have a longstanding relationship with Kahrama, successfully delivering projects through our commitment to meeting deadlines and providing incomparable products. We are committed to remaining a reliable partner, supporting Qatar’s growth and 2030 vision. Our extensive range of high-quality products, coupled with our expertise and dedicated team, will continue to underpin our success.”
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