BARWA accommodation or miracle !
As per the gulf time report
Published: Wednesday, 26 December, 2007, 12:52 AM Doha Time
Barwa housing will handover the accommodation to the short listed applicant by may - 08
If you go now and see the site, there has nothing been done so far except a plane ground.
Someone have any Idea about the work, how they can make a housing apartment of around 2000 family within time?????
Panceltica bosses flee Qatar over jail fears
12 June 2009
By Tom Bill
The managers of Qatar-based structural steel contractor Panceltica have fled the country over fears they face jail as a legal wrangle with local developer Barwa escalates
It is understood that chief executive David Ball and several key managers decamped to Dubai last month and are consulting lawyers about their next move.
The row relates to a $343m (£210m) 2,000-unit residential scheme built for Barwa in Doha, the Qatari capital. The job remains unfinished after a dispute surfaced last December between Barwa and Panceltica over issues such as contract variations, the settlement of subcontractor deals and potential damages due to delays.
According to a source close to Panceltica, Ball moved to Dubai after being told that under Qatari law he faced prison or having his exit permit withdrawn if the firm wrote cheques that bounced.
The source said: “Panceltica is not getting paid because of the dispute, a situation made worse because Barwa is its only client.”
Panceltica declined to comment.
“Panceltica is not getting paid because of the dispute – Barwa is its only client”
Source close to Panceltica
Barwa is also an investor in Panceltica, which is listed on the alternative investment market (AIM). In January, Barwa upped its stake from 14% to 20% by way of compensation for the delayed scheme, and last month
it emerged Panceltica was considering allowing the developer to take over the whole of its Qatari operation.
In a fresh twist, a second boardroom row broke out on Tuesday when 26% shareholder Strategic Partner, which is backed by Dubai-based private equity firm Ithmar Capital, called for the non-executive directors to be removed and the firm to be de-listed. Its motives are unclear.
The company, whose turnover was forecast to be £152m in 2008 before the row, floated on the AIM in March last year with a market cap of £236.4m, which has since shrunk to £5.32m.
I'm curious to see them, pls PM
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--I'm not crazy, I'm just a little impaired
i used to work for the main contractor of this project me and my hubby... right charansoi11r?.. so its not BIL FINGER BERGER!!! (please dont post the name CHARAN, ok?..yupp.. the target completion supposedly by 21st of march but because of unfortunate events there is some delays in certain areas like the deliveries of materials and etc.. but the main contractor for this project are "trying" their best to finished the project..so they have come up again with a new target by september i believe.. the main contractor is engage with Fast Track Steel Structure.. that can a erect a building in 24 days they are the first fast track company in qatar.. and british.. (Good Company actually, good compensation).. so the project will be finish this year maybe by sept.. if they the main contractor wont have problems anymore special my husband is not working for them no more...
if you want to see some pics of the Project, which im really proud to show you.. its really good.. just PM me..
Barwa on time!
So its going to create some type of a record here in Qatar - 1st project to be 100% complete on time, or "a little delay".
As for www.panceltica.com they have said it on their website that they supply steel structures to "Middle-East" & seemingly nowhere else.....thats quite revealing...I guess.
And the most funny part is that they have only 1 address - Qatar. I guess I have said a lot.
The website & Barwa's website seem very similar.
hi charan, wanna visit barwa housing site?? i ll take u somedays. almost 50% of the work has been completed n they may start to handover by may, coz more than 90% of the work ll be finished by then.
:) This is fun...:)
Life is Beautiful...Indeed!
Pl. PM me for information purpose
Will it be alloted only to Local Qataris or to Expats also ??
Can expats buy property in Qatar ??
lib, r v wrkin at the same place? :~
---Life is Fragile, Handle With Prayer---
www.panceltica.com
---Life is Fragile, Handle With Prayer---
alathul is a pure egyptian word u works with a lot of egyptians lol
by the way i'll find it on my right or my left hand?
That company is my client and I cannot reveal it on QL.
Life is Beautiful...Indeed!
Panceltica
---Life is Fragile, Handle With Prayer---
What is the name of that company?
go straight until the next big R/A turn left at the R/A and then Alathul.
Barwa will definately be able to finish the work by may. They have tied up with a company speacilizing into and having a monopoly in the world on Steel Structures. They are the ones who will make the steel frames and Barwa has to do the concreting and finishing. I'am 100% sure that the houses would be ready by May.
Life is Beautiful...Indeed!
if im coming from khalifa stadium to qatar decoration r/a what direction i have follow next?
Yes, the project will be completed on time or with a little delay. Relax, it has just started. Billfinger is very competent.
It is in Abu Hamur. Site hordings have been already erected.
where is it exactly?
You are not aware of the capabilities of Billfinger Berger. The project will completed with a little delay only.
there are TWO sites and they are almost finished...
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Whatever Makes You Happy...
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i posted the same question before and im not sure what will happen
but the question is did u go to the right location where did u go exactly?
Still fabricated or not, it will take time to accomplish such huge project.
Doha people are not like Dubai where they built a new city in 6 months time.
Still fabricated or not, it will take time to accomplish such huge project.
Doha people are not like Dubai where they built a new city in 6 months time.
It is heard that it will be fabricated, but then also it dos'nt seems to be happen
yea.... my grand kids might be able to enjoy all those goodies. If they are lucky enough.
Project completion date might slip again.
it is coming with fully aircon bus stop, fountain in ex palm tree island, nurses acommodation in athlete village and the list can go on.
you being sarcastic arent u 666? *rolled eyes*
Haven't u heard about their magic wand..........
Abra Cadabra and it will be done. They are just waiting for May