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Trucks can be seen speeding around Doha's business district, carrying building materials for the $150 billion makeover that will give the city a new metro, airport, seaport and roads.
A joint venture between Vinci Construction Grands Projets (49%) and QDVC (51%) has won the € 374 million (US$ 540 million) contract to build a light rail transit (LRT) system in the new Qatari city of Lusail, 15 km north of the capital Doha. QDVC is a subsidiary of Qatari Diar, a state-owned investment company that also owns 5.7% of Vinci.