Mekdam Holding Group Receives Letter of Award from QAFCO

Doha, September 24 (QNA) - Mekdam Holding Group has announced that it has received a Letter of Award from Qatar Fertiliser Company (QAFCO) to execute a strategic contract valued at QR 203.9 million. The contract covers the supply of Tier-1 manpower to support major industrial projects, most notably the Carbon Capture and Storage (CCS) Project and the Qatar Energy Urea Project.

In a statement on Qatar Stock Exchange website on Wednesday, Mekdam Holding Group said that this contract represents a significant step towards strengthening the operational capabilities of national industrial projects. It will run for a duration of five years, starting on Oct. 1, 2025, and ending on Sep. 30, 2030, with an option to extend for an additional five years.

Under the agreement, Mekdam will provide a highly qualified workforce in line with the highest international standards, ensuring that QAFCO's requirements are met efficiently across all phases of project execution and operations. (QNA)