Tuesday, March 26, 2013

Doha Metro activity to set pick up in coming months


Doha Metro activity will pick up in the coming months with Qatar pushing ahead with its massive transport infrastructure, Meed has said in a report.

Doha Metro’s “Gold” and “Green” lines are expected to be awarded by June this year, while the rolling stock and systems contracts will be handed out early next year and the operations and maintenance packages in 2015, the report said.

According to Meed, $17bn worth of projects are up for grabs.

Qatar’s Public Works Authority (Ashghal) has lined up some 30 highway projects in 2013. As of February, a total of $1.88bn has already been awarded, including the $640mn Package 13 on the Doha Expressway.

“Without a doubt, 2013 is a pivotal year for Qatar’s transportation programmes. Never has there been a better time for companies skilled with managing and servicing major infrastructure projects to enter and expand their presence in one of the world’s fastest growing projects markets,” said Edmund O’ Sullivan, Meed Events chairman.

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