Qatar’s road, rail spend to hit $100bn
Dubai, October 3, 2013
Qatar will invest up to $100 billion on building roads and railway networks as part of a massive infrastructure drive, a report said.
Traffic congestion and accidents owing to the current lack of a railway network in Qatar has prompted the building of railways, said the report in Gulf News, which quoted Kuwait Financial Centre (Markaz).
Qatar Integrated Rail Project, which consists of Doha Metro as well as passenger and freight rails, is estimated to cost $37 billion, the report, noting other big projects include West Bay people mover and Lusail light rail transit.
Across the GCC, about $160 billion worth railway projects were either in construction or planning phase last year, the report said.
As many as 30 highway projects valued at around $27 billion are to be awarded, the report said, citing Doha Expressway, Dukhan Highway-Eastern section, Lusail Expressway and Orbital Highway among the bigger projects.