New Doha Port to see construction costs increase to $8.24bn
Official says rising global prices of materials and supplies driving construction costs up
The cost of building a new Doha port is expected to increase by 20% from $6.86bn to $8.24bn, due to the global prices of materials and supplies rising, an official associated with the project has said.
In an interview with Zawya, the official, who declined to be named, said that The New Doha International Port would be developed in three phases. It would be linked to the mainland via a 8.5km long trestle bridge.
Phase three of the project would include the building of a container terminal, berths and an administration and customs complex.
A tug and pilot boats berthing area would also be developed, the source said.
Scheduled to be completed by the year 2030, the NDIP will have a final capacity of six million TEUs and will be expected to support industrial development in the area.
