Qatar Rail grants Doha Metro contracts worth $8.2 bn

Qatar Rail has awarded four contracts to design and build railway lines worth $8.2 billion in the first phase of construction for the Doha Metro, a newspaper reported on Thursday.

"These four D&B contracts for the first phase of Qatar's ambitious metro rail include Red Line North, Red Line South, Green Line and Major Stations," said the Peninsula, an English-language daily.

One of the contracts for the construction of the two most emblematic stations of the metro was won by a consortium led by South Korea's Samsung C&T.

The three remaining contracts went to other consortia led by Italy's Impregilo Group, Austria's Porr Bau GmbH, and French-Qatari company QDVC, said the newspaper.

It gave no breakdown on the value of each contract.

Gas-rich Qatar is spending tens of billions of dollars on infrastructure projects over the next few years as it prepares to host the World Cup in 2022 and bids to host the Olympics in 2020.

It plans a $40 billion national integrated rail network together with a new $11 billion airport and a $5.5 billion deep water seaport.

bur-lyn/dv

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • What can void a new car warranty? James Deakin - Wheel Power
    What can void a new car warranty?

    "I was denied warranty once for changing my horn!" One very annoyed reader wrote. "I was told that placing a backup camera will void my warranty" said another. The others are best left in my private inbox as Yahoo! have a swear jar in the office that I do not feel like donating this week's pay to. Continue reading → …

  • Docu exposes destruction of PH marine resources VERA Files - The Inbox
    Docu exposes destruction of PH marine resources

    By Kiersnerr Gerwin B. Tacadena, VERA Files “Gutom (hunger),” Sen. Loren Legarda said is what’s in store for the Filipino people if destruction of the country's marine resources is not stopped. Legarda, chair of the Senate committee on Environment and Natural … Continue reading → …

  • ‘Yolanda’ fiberglass boats modern-day Noah’s ark VERA Files - The Inbox
    ‘Yolanda’ fiberglass boats modern-day Noah’s ark

    By Jane Dasal, VERA Files If you want to save the earth, build a boat. That's what a group of environmentalists is saying, especially if you want to save both the forests and fishermen affected by supertyphoon “Yolanda” (Haiyan). “Haiyan … Continue reading → …

POLL
Loading...
Poll Choice Options