Qatar rail to provide $38bn worth of work

Upcoming rail network will provide billions in investment opportunities - CEO

Qatar's rail network will feature US$38bn investment opportunities for potential investors over the next 20 years, according to the head of the project.

Qatar Rail CEO Saad Al Muhannadi said, based on a study commissioned from McKinsey, that there are around 200 opportunities, 75 percent of which will be based around rail infrastructure like construction and operation maintenance.

Supply of some 800,000 tonnes of steel, providing equipment for the excavation planned, contract for operating trains and facilities management of stations are some of the business opportunities related to the rail network.

Qatar is investing US$36bn in its railway network, which should be completed in time for the FIFA 2022 World Cup, with Phase 1 of Doha Metro scheduled to be operational by the end of 2019.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

Posted by: RIhan

no where is it written 8 billion tonnes

Posted by: Adam

The correct steel consumption estimate is 800,000 tonnes, not 8 billion tons. The entire world only produces 1.5 billion tonnes/year

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi Arabia outsources airport operations

Saudi Arabia outsources airport operations

The signing last week of public-private partnerships to manage...

The cost of the US laptop ban

The cost of the US laptop ban

Aviation analysts and airline bosses are warning of significant...

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Q&A: The laptop ban and what it means when flying from Dubai and Abu Dhabi

Couldn't a laptop with a bomb inside still pose a danger within...

Most Discussed