Vinci wins construction contract in Qatar
Contract worth 374 mln euros, Qatari unit of Qatari Diar and Vinci wins the contract
August 4, 2011 8:39 by Eva Fernandes
The Qatari sovereign wealth fund’s property investment arm Qatari Diar and France’s Vinci have won a 374 million euro deal as part of a Light Rail Transit System project in the new city of Lusail, near Doha.
QDVC, which is 51 percent owned by Qatari Diar and 49 percent by Vinci Construction Grands Projets landed the contract, Vinci said in a statement.
The deal notably covers civil engineering works in eight underground stations and the construction of a viaduct over the motorway between Doha and the northern part of the country
(Reporting by Dominique Vidalon; Editing by Will Waterman)
More on GCC
-
Bahrain’s Batelco CEO leaves with immediate effect
-
Arabtec Says Workers End Strike
-
First report by Etisalat covering global footprint
-
Kuwaiti Oil Service Workers On Strike Over Pay – Union
-
Qatar’s Doha Bank May Sell Bonds To Raise Capital – CEO
-
Qatar to announce new energy infrastructure fund
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
