DOHA: QPMC has signed a new off-take agreement with Village Trading Group for the supply and delivery of high gabbro products with the capacity to supply 30,000,000 million tonnes (MT) of high quality quarry products. The signing ceremony took place at QPMC headquarters and was attended by top officials.
The agreement was signed by Essam Al Abed, Village Trading Group CEO and Eisa Al Hammadi, QPMC CEO. Under the terms of the agreement, Village Trading Group has agreed to supply QPMC with 6,000,000 MT of Gabbro Aggregates annually over the next five years.
In planning the import of the required quantity, Village Trading Group is committed to provide QPMC with gabbro aggregates abiding with the following grades: 0-5 mm gabbro as well as 5-32 mm grades, commencing 1 January 2016. It is worth mentioning that all grades supplied to QPMC match the Qatar Construction Specifications (QCS) and Ashghal’s specifications and quality standards.
QPMC plays its part in ensuring that the construction sector continues to progress in the right direction by securing the required materials, by facilitating the stability of prices and by ensuring the regular availability of materials.
QPMC’s CEO Eisa Al Hammadi said the company seeks to “stabilise the prices of primary infrastructure materials and establish quality standards for aggregates and limestone in the long-term as part of its pivotal role in the country’s infrastructure development on the instruction of the Qatari government.”
Village Trading Group CEO Essam Al Abed said, “It is imperative for us to benchmark and partner with QPMC whilst supporting its new vision which is strategically aligned with Qatar’s sustainable development and comes at the forefront of the Qatar National Vision 2030 and the National Development Strategy.”
The Public Works Authority (Ashghal) and QPMC had also recently signed a framework of agreement. According to the agreement, QPMC will supply Ashghal with 91 MT of gabbro and limestone for the next five years, making it one of the main customers of QPMC and a catalyst for infrastructural development in Qatar.
The decision to launch sales of primary materials on the local front, through a central entity, QPMC in this case, will allow Ashghal and the Qatari contracting companies to take advantage of competitive prices and guaranteed quality. To maintain transparency while keeping cost to a minimum without compromising on quality, QPMC adopts the FIFO (first in first out) mechanism which means the materials entering the storage facility first will be sold first.
QPMC is increasing the capacity of the bulk materials with the construction of the Gabbro Berth Terminal in Mesaieed Port, which will have an unloading capacity of 34 MT a year. In Lusail, QPMC’s jetty will supply 3 MT of construction material per year to support all construction work in the new city. QPMC has also set up two floating jetties in RasLaffan to supply the needed primary materials; with total port receiving capacity of 9 MT a year.
The Peninsula
DOHA: QPMC has signed a new off-take agreement with Village Trading Group for the supply and delivery of high gabbro products with the capacity to supply 30,000,000 million tonnes (MT) of high quality quarry products. The signing ceremony took place at QPMC headquarters and was attended by top officials.
The agreement was signed by Essam Al Abed, Village Trading Group CEO and Eisa Al Hammadi, QPMC CEO. Under the terms of the agreement, Village Trading Group has agreed to supply QPMC with 6,000,000 MT of Gabbro Aggregates annually over the next five years.
In planning the import of the required quantity, Village Trading Group is committed to provide QPMC with gabbro aggregates abiding with the following grades: 0-5 mm gabbro as well as 5-32 mm grades, commencing 1 January 2016. It is worth mentioning that all grades supplied to QPMC match the Qatar Construction Specifications (QCS) and Ashghal’s specifications and quality standards.
QPMC plays its part in ensuring that the construction sector continues to progress in the right direction by securing the required materials, by facilitating the stability of prices and by ensuring the regular availability of materials.
QPMC’s CEO Eisa Al Hammadi said the company seeks to “stabilise the prices of primary infrastructure materials and establish quality standards for aggregates and limestone in the long-term as part of its pivotal role in the country’s infrastructure development on the instruction of the Qatari government.”
Village Trading Group CEO Essam Al Abed said, “It is imperative for us to benchmark and partner with QPMC whilst supporting its new vision which is strategically aligned with Qatar’s sustainable development and comes at the forefront of the Qatar National Vision 2030 and the National Development Strategy.”
The Public Works Authority (Ashghal) and QPMC had also recently signed a framework of agreement. According to the agreement, QPMC will supply Ashghal with 91 MT of gabbro and limestone for the next five years, making it one of the main customers of QPMC and a catalyst for infrastructural development in Qatar.
The decision to launch sales of primary materials on the local front, through a central entity, QPMC in this case, will allow Ashghal and the Qatari contracting companies to take advantage of competitive prices and guaranteed quality. To maintain transparency while keeping cost to a minimum without compromising on quality, QPMC adopts the FIFO (first in first out) mechanism which means the materials entering the storage facility first will be sold first.
QPMC is increasing the capacity of the bulk materials with the construction of the Gabbro Berth Terminal in Mesaieed Port, which will have an unloading capacity of 34 MT a year. In Lusail, QPMC’s jetty will supply 3 MT of construction material per year to support all construction work in the new city. QPMC has also set up two floating jetties in RasLaffan to supply the needed primary materials; with total port receiving capacity of 9 MT a year.
The Peninsula
