Qatar to Award $3 Billion of Contracts for New World Cup City
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Lusail Real Estate Development Co., the state-owned Qatari company building a new city in time for the 2022 soccer World Cup, plans to award about $3 billion worth of contracts for roads and infrastructure over the next year.
“Our strategy is to go for an open bid,” Chief Executive Officer Essa Mohammed Ali Kaldari said in an interview. “We would like to give an opportunity to many companies.”