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QPM, one of the region's project management companies and the first Qatari firm in the field, has announced its support of - and participation in - the upcoming 3rd Annual Middle East Rail Opportunities conference.
In Iraq where renovating a single street can take years, government plans for a multi-billion dollar high-speed train to rival Japan's bullet train have been greeted with scepticism by many Iraqis struggling to get even basic electricity services.
French engineering group Alstom (ALSO.PA) has signed an outline agreement with Iraq to build a metro line above Baghdad's streets, an official said. Shaker al-Zamili, the head of Baghdad Investment Commission, said on Thursday Iraqi officials signed a memorandum of understanding with Alstom in France last week. An Alstom spokeswoman in Paris confirmed the agreement was signed last Saturday, allowing exclusive talks for the building of 25 km (15 miles) of high-level track.