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FINANCIAL NEWS
QRail invites bids for Doha Metro
01 Aug 2011
(MENAFN) Qatar Railways Company’s (QRail) CEO, Saad Ahmed Al Muhannadi, said that the company is currently receiving bids from companies wanting to take part in the design and construction of the new Doha Metro, reported Arabian Business.
The CEO said that the company is now in the phase where it prepares itself to be joined by other local and international partners. He added that the company and the new partners would hand by hand create the region’s first fully-integrated railway system.
Al Muhannadi added also said that the company considers this invitation a major opportunity for local contracting companies to join in with large international contractors. All contracting companies are required to design and build six construction packages in a short period of time.
The CEO added that this huge project includes the construction of 22km of underground tunnels as well as 15 underground stations in the first stage, noting that QRail was set up to support and coordinate the growth of Qatar’s rail industry.
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