International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
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)