QDVC has been selected to further construct the Light Rail Transit System project for the city of Lusail in Qatar. The subsidiary of Qatari sovereign wealth fund’s property investment arm Qatari Diar won the building contract worth €374 million along with Vinci Construction Grands Projets.
The project, when completed, will serve the entire new city and interconnect it with the regional transport network. QDVC is 51% owned by Qatari Diar and 49% by Vinci Construction Grands Projets, adds Reuters.
Click here for the release from VINCI.Click here for additional coverage from Reuters.
