Qatar says rail projects offer $38bn in returns over 20 years

  • Qatar: Wednesday, February 06 - 2013 at 05:50

Sa'ad Al Mohannadi, the chief executive of Qatar Railways Co has said there are around $38bn worth of potential returns for investors over the next 20 years in rail-related projects in the country, Gulf News has reported. Out of a total of 200 rail "business opportunities," 75% are in railway infrastructure, covering construction and operations maintenance, he said. "This [$38bn] will be spread in all project cycles, from construction to facility management," said Al Mohannadi.

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