Qatar Primary Materials Company
Qatar Primary Materials Company
Al Muhannadi: The objective of this MoU is the implementation of a mechanism that stabilizes the market prices for primary materials without significant inflation
Al-Hammadi: QPMC is honoured to be working with a home-grown company responsible for handling pioneer projects in Qatar. We believe this MoU will contribute towards further strengthening our business ties.
Doha, Qatar – October 2014: Qatar Railways Company (Qatar Rail) has signed a memorandum of understanding (MoU) with Qatar Primary Materials Company (QPMC) to secure the finest construction materials for its projects.
The MoU formalized by Qatar Rail’s CEO, Eng. Saad Al Muhannadi and QPMC’s CEO, Eisa al-Hammadi, came at the sidelines of Qatar Construction Specifications Conference and Exhibition - Fifth Edition QCS 2014, the event for which Qatar Rail offered platinum sponsorship.
The signing ceremony, that took place on the 26th of October in presence of senior officials from both parties, was also an occasion to enhance ties between the two leading companies.
Speaking at the MoU signing, Eng. Saad Al Muhannadi, CEO of Qatar Rail, said:
“Qatar Rail seeks excellence in all relevant sectors and places premium materials at the heart of the executive strategy of all its projects in order to guarantee a first-class railway network without significant inflation in the Qatari market. The MoU signed with Qatar Primary Materials Company, seeks to guarantee the flow of the primary materials to our projects and stabilizes the market rates”.
For his part, Eisa al-Hammadi, CEO of QPMC, commented on the significance of the MoU to the country’s development: “QPMC is honoured to be working with a home-grown company responsible for handling pioneer projects in Qatar. We believe this MoU will contribute towards further strengthening our business ties as well as our capabilities to support Qatar’s planned railway network set to facilitate traffic in the capital and its surroundings."
Established on the instruction of the Qatari Government in 2006 to ensure supplies of building materials to the local market, QPMC is at the forefront of facilitating the construction boom in Qatar. The company stands for quality, reliability and efficiency and provides complete solutions for the excavation, transport, storage and delivery of key primary materials in Qatar and the wider region.
The timing of the new inked MoU further proves Qatar Rail's commitment to international high-quality standards in all its projects, and the company's response to the new edition of the QCS 2014 which is truly considered as the first step towards the issuance of the international Edition of "Qatar International Construction Specifications 2017."
The QCS two-day event, held under the patronage of the Prime Minister and Minister of Interior HE Sheikh Abdullah bin Nasser bin Khalifa al-Thani, joined representatives of key government and private entities as well as prominent construction engineers from Qatar and other GCC states.
Qatar Rail is the company responsible for the design, construction, commissioning, operation and maintenance of the entire rail network and systems within Qatar. Its scope of work is driven directly from the Qatar National Vision as the country aims to sustain its development and provide a high standard of living for its people by 2030.