FINANCIAL NEWS

Qatar assigns USD40b for transport schemes

15 Jul 2016

(MENAFN) Qatar’s Hamad port is set to increase its handling capacity, when expansion work completes, with the first phase due to finish at the end of 2016, based on released reports.

This mega project is just a part of a staggering USD40 billion worth of scheduled transport developments, including the Doha Metro and long-distance passenger and freight network.

Furthermore, there’s also a huge expansion plans for the Hamad International Airport estimated at USD8 billion, all in all, A total of 15 contracts are either in the market or are being prepared.

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