Reuters reported that the Qatari sovereign wealth fund's property investment arm Qatari Diar and France's Vinci have won EUR 374 million deal as part of a Light Rail Transit System project in the new city of Lusail near Doha.

Vinci said that QDVC which is 51% owned by Qatari Diar and 49% by Vinci Construction Grands Projets landed the contract. The deal notably covers civil engineering works in eight underground stations and the construction of a viaduct over the motorway between Doha and the northern part of the country.

(Sourced from Reuters)