Oct. 11 (Bloomberg) -- Qatar Railways Co. delayed the first tender to build a rail network across the Persian Gulf emirate to the third quarter of next year, the company’s chief executive officer said.
The company, which had planned to issue its first tender by the end of this year, decided more detailed studies of the project were needed, Saad Al-Mohannadi told reporters in the Qatari capital Doha today.
The network linking stadiums around the country for the 2022 soccer World Cup is scheduled to be built over the next 10 years and will include a line connected to nearby Bahrain via a yet-to-be-built bridge. The rail system will cost 130 billion riyals ($38 billion) to construct, Geoff Mee, the company’s deputy chief executive officer said June 7.
--Editors: Peter Branton, Alan Purkiss
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