FINANCIAL NEWS

Qatari Buzwair Holding, German Bilfinger sign MoU

13 Mar 2015

(MENAFN) Bilfinger SE, a German organisation, and Qatari group Buzwair Holding signed an MoU to establish a joint venture company in order to provide maintenance to the Industrial Market (petrochemical and energy) in Qatar, The Peninusula Qatar reported.

The agreement was signed on the visit of Sigmar Gabriel, Vice-Chancellor and Minister of Economic Affairs, Germany, to Qatar. The MoU was signed in the presence of the Chairman of Qatar Chamber.

“Qatar will continue to rank as one of the fastest growing economies in the world and we’re convinced that this is the right time to re-enter the Qatari market with a totally different approach, by utilizing Bilfinger Maintenance Concept (BMC),” Head of Business Development Qatar said.

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