Estithmar Holding Q.P.S.C announces Elegancia C&I awarded contract exceeding QR500 mln to construct AI-ready MEEZA data center
<p>Doha, Qatar: Estithmar Holding Q.P.S.C. announced that Elegancia Contracting and Industries, part of Estithmar Holding, has been awarded the turnkey delivery of MEEZA’s newest data center.</p> <p>The contract, valued at more than half a billion Qatari Riyals, will be delivered across two phases of construction.</p> <p>The facility will significantly expand Qatar’s capacity to host hyperscale…
Doha, Qatar - Estithmar Holding Q.P.S.C. has announced that Elegancia Contracting and Industries has been awarded a significant contract to deliver a new data center for MEEZA. The contract, valued at over half a billion Qatari Riyals, will be completed in two phases of construction.
This contract will greatly increase Qatar's ability to host high-demand cloud providers and AI workloads, solidifying MEEZA's status as a regional leader in digital infrastructure and enhancing QSTP's role as a hub for technology and innovation. For Estithmar Holding, this project represents an expansion of the Group's involvement in mission-critical infrastructure and its presence in one of the world's most rapidly growing sectors.
Basel Shaddad, Estithmar Holding's CEO, stated that the MEEZA Data Center contract, valued at more than QR500 million, reflects the company's growth and its strategic capability to support Qatar's future economic growth, particularly in AI and digital transformation. He emphasized that this project positions Estithmar as a key player in providing advanced, AI-ready digital infrastructure.
Eyad Elkhorebi, CEO of Elegancia Contracting & Industries, highlighted the project's scope, noting that it demonstrates the company's integrated turnkey capabilities in delivering complex infrastructure. The facility, he said, will provide a robust, high-density digital environment to support advanced cloud workloads and future AI-driven applications.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
