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Qatar Primary Materials Company (QPMC) has signed four agreements for the supply of 19,980,000 tonnes of high quality aggregates – gabbro and limestone – over the next three years from various sources
According to the company, this will ensure that Qatar’s fast growing construction sector has access to the required materials.
The four companies that party to the agreement include Gate Primary Materials, Continental Trading Company, Qatar Engineering Alliance Company and Al Baida Technical Services.
The agreements also ensure diversification in supply source, which is in line with QPMC’s vision to secure the required primary materials for both public and private sectors in Qatar.
With implementation of the agreements starting early 2016, these outline the delivery of the required quantities, in addition to the stability of prices of primary materials in the local market that would aid in encouraging further economic development while assisting in the completion of major construction and infrastructure projects.
The secured materials will be stockpiled in QPMC-owned facilities in Lusail, Mesaieed and Ras Laffan. QPMC CEO Eisa Al Hammadi said that the construction materials supplied by the companies will be imported from Oman and the UAE via private Qatari companies with quarries abroad.