In an attempt to improve rail network in the capital Doha, a multi billion dollar project will be launched in the state of Qatar.
Qatar government owned real estate investment company, Qatari Diar, has signed a memorandum of understanding (MoU) with Germany-based Deutsche Bahn to kick-off a multi-billion dollar national railway project.
The MoU involves developing a conceptual design for integrating Qatar's various planned railways into a comprehensive and consolidated national railway system.
The project will also include a passenger and freight railway linking Qatar and Bahrain.
"We are looking forward to working closely with Deutsche Bahn, one of the world's leading railway services companies, to integrate a state-of-the-art rail system for Qatar," said Ghanim bin Saad al Saad, the CEO of Qatari Diar.
The partner companies will deploy 60-70 experts in Qatar to study the project in the next few months.
Subscribe to:
Post Comments (Atom)
1 comment:
Hi,business you are setting up is 100% foreign-owned with Incorporation in Qatar and is subject to 10% corporate taxation.Thanks...
Post a Comment