Infrastructure ready by year-end

11-02-2010

Basic infrastructure work at the multibillion-dollar Energy City Qatar, the Gulf region’s first oil and gas industry hub, will be completed by the year-end, chief executive officer, Hesham Ismail al-Emadi, has said.

Most of the 54 developers are preparing to begin construction at their sites this year, al-Emadi said yesterday. “Most of them are currently working on the concept design. We expect the tenants to move in by 2012, by which time the Energy City Qatar will be functional,” al-Emadi said.

Energy City Qatar, part of the major new city development at Lusail, which in addition to major business and entertainment districts, will be home to some 200,000 people.

Launched by Gulf Energy, ECQ aims to attract the industry leaders in oil and gas production, international and national oil companies, support services, infrastructure and downstream activities, shipping and trading, market and resource data and intellectual property.