FINANCIAL NEWS

Qatar Railways awards USD234 m joint venture to SYSTRA

13 Apr 2014

(MENAFN) SYSTRA-Parsons has recently won a joint venture worth USD234 million from The Qatar Railways Company to manage the latter’s project Doha Metro and supervise phase 1, according to Arabian Business.

The JV said that the project “strengthens the Group”s presence in this high-potential region and consolidates new business growth in line with objectives”.

The project aims to connect major sites in Doha, such as the Education City, West Bay, Lusail, Hamad Bin Khalifa International Airport and the QNCC.

The project is expected to be completed in time for the 2022 Football World Cup.

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