|
www.ChinaPost.com.tw |
|
|
|
|
Deutsche Bahn signs Qatar railroad deal for US$26 bil. DOHA, Qatar -- An investment company owned by Qatar's sovereign wealth fund has signed a US$26 billion (euro17 billion) joint venture with Germany's national railway operator to build a railroad network in the natural gas-rich Gulf sheikdom. Qatari Diar Real Estate Investment Company and Deutsche Bahn AG will develop a metro system in Qatar's capital, a national railroad network for passenger and freight traffic, and a long-distance connection to neighboring Bahrain. The project will take about 15 years to complete. |
| Copyright © 1999 – 2012 The China Post. |
| Back to Story |