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QDVC, a subsidiary of Vinci SA, signs contract for the final works phase of the Lusail LRT in Qatar

Monday, 23 Jun 2014 02:45pm EDT 

Vinci SA:QDVC, subsidiary of VINCI, signs contract in Paris on June 23, at ceremony attended by Fran├žois Hollande, President of the French Republic, and His Highness Sheikh Tamim Bin Hamad Al Thani, Emir of Qatar, who is on an official visit to France.This design-build contract with value of about two bln euros will be built by QDVC in consortium with Alstom.Comprises construction of 25 stations and depot, architectural and electro-mechanical works packages, integrated project management, delivery by Alstom.Contract for 750 mln euros, of 35 trains equipped with catenary-free technology, track-laying, energy supply and telecommunications as well as control systems.Light rail system is scheduled to begin operating in 2018 (yellow line) and 2020 (green, red and purple lines). 

Company Quote

-0.315 -0.69%
19 Dec 2014