The Business Year

Monjid Othman Abdelmajeed

QATAR - Real Estate & Construction

Building a Home

CEO, Redco Construction—Almana

Bio

Monjid Othman Abdelmajeed has been the CEO of Redco Construction—Almana and board member of Redco Construction Group of Companies since its establishment in 1998. He graduated with a degree in civil engineering from the University of Missouri, Kansas City and has worked in leading and delivering prestigious projects in Qatar.

Leading firms are stepping up to diversify their business models and introduce better technology in order to meet the country's unprecedented challenges and opportunities.

What have been Redco’s main recent developments and projects?

Redco Construction Almana has been building up its reputation in the local industry for over 20 years and has an enormous track record of delivering large projects across Qatar. We play a particularly large role in meeting the National Vision targets, especially in the hospitality sector, a main component of the World Cup’s infrastructure requirements. We completed the InterContinental Doha-The City and the Crowne Plaza Hotel, and are now completing around seven more hospitality projects such as the Novotel, Sofitel, Dusit 5-star, Marriot Executive, Dohalive, and QIMC Tower, in addition to one more in Doha Oasis. In the mixed-used line, we are involved in different parts of the local construction sector as a main contractor. We even completed the Qatar Foundation Research and Development Complex, the second-largest such facility in the Middle East, which accommodates 600-700 scientists. We were part of the Handball World Cup in 2015, building the third stadium in less than 14 months, including a 65-room, five-star hotel and the Handball Federation’s offices. We also built underground parking with VIP cinemas at the Souq Waqif. We did the mock up stadium for the World Cup before the Qatar bid that had a movable roof, with all the energy and solar equipment. This is how FIFA was able to visit and witness precisely how Qatar would factor air-conditioning technology into the World Cup venues. We have also done iconic projects, including the Abraj Quartier Gateway Towers that can be seen when entering The Pearl.

What importance do you place on quality and environmentally friendly practices?

Our projects are the highest quality available anywhere in Qatar. 70% of a project’s success comes from the quality of its craftsmanship, and safety and quality go hand-in-hand at Redco. As a prominent local contractor operating at international standards, we have our own managers and directors overseeing these aspects. Regarding sustainability, we adapt to the requirements of clients. In Lusail, we completed five office buildings and company headquarters, where sustainability is as much a requirement as it is for the work we have done for the Qatar Foundation. Even if a project is not pursuing a sustainable certification, we still incorporate sustainable principles into the design and construction process to maximize value for clients. We internally recycle and treat resources like water as a means of reducing our costs and protecting the environment. Within our group, we have a department and subsidiary that assist clients in implementing sustainable practices through minor changes in the design during the construction. Practicing this approach in construction has become a requirement for most, if not all, of our projects, especially after the blockade. We strive to procure locally available materials, practice recycling to reduce waste, and ensure high welfare and safety standards for our people.

Which parts of the group are capitalizing on manufacturing opportunities?

A decade ago, Redco established sister companies to cover any gaps in the construction field, like ready-mix, aluminum, glass, electromechanical fit out, and facility management. We were already producing in-house materials such as aluminum and glass. After the blockade, our plants became busier. And now, to assist in economic security we are also establishing another subsidiary to assist in Qatar’s food security using high technology systems in agriculture that can withstand our harsh weather conditions. As a Qatar-owned family business, we are keen to be part of the solution to the blockade and help in the food security of the country. We are negotiating with the government and Qatar Development Bank to share the financing of the high-technology farm. The Qatar Foundation wants us to take on the project because the technology we bring will assist its own research. Together with our international partners, Redco Construction Almana has developed an improved system specifically for Qatar’s weather, an efficient cooling system with power savings of more than 25% and water saving of 90%. Cucumbers, tomatoes, peppers, herbs, and lettuce are some of the products that we are planning to produce. We will also develop additional businesses, as products will have to be packaged and distributed following quality control inspection.

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