Publication Date:
Thu, 2011-04-07 18:45
Qatar Railways Company and property developer Qatari Diar said the deal signed in New York is worth $42.5 million.
It covers the construction of 30km of track and 24 above-ground and subway stations in Lusail City, which Qatari Diar is building north of Doha.
The Qatari companies say the deal highlights growing business ties with the US.
Qatari Diar officially entered the US commercial property market this week by becoming the lead investor in a new $700 million mixed-use development being built in downtown Washington.
Taxonomy upgrade extras:
