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Home BusinessToday Deals

Qatar Rail signs MoU with Qatar Primary Materials Company

Staff writer by Staff writer
October 28, 2014
in Deals
Saad Al Muhannadi, Qatar Rail's CEO and Issa Al-Hammadi , QPMC's CEO
Saad Al Muhannadi, Qatar Rail’s CEO and Issa Al-Hammadi , QPMC’s CEO

Qatar Railways Company (Qatar Rail) has signed a memorandum of understanding (MoU) with Qatar Primary Materials Company (QPMC) to secure the finest construction materials for its projects.
The MoU was formalized by Qatar Rail’s CEO Eng. Saad Al Muhannadi and QPMC’s CEO Issa Al-Hammadi on the sidelines of the fifth edition of Qatar Construction Specifications Conference and Exhibition (QCS 2014).

“Qatar Rail seeks excellence in all relevant sectors and places premium materials at the heart of the executive strategy of all its projects in order to guarantee a first-class railway network without significant inflation in the Qatari market. The MoU signed with Qatar Primary Materials Company, seeks to guarantee the flow of the primary materials to our projects and stabilizes the market rates,” Al Muhannadi said.

For his part, Al-Hammadi expressed his pleasure at working with Qatar Rail. “QPMC is honored to be working with a home-grown company responsible for handling pioneer projects in Qatar. We believe this MoU will contribute towards further strengthening our business ties as well as our capabilities to support Qatar’s planned railway network set to facilitate traffic in the capital and its surroundings.” Established based on the directives of the Qatari government in 2006 to ensure supplies of building materials to the local market, QPMC is at the forefront of facilitating the construction boom in Qatar. The company stands for quality, reliability and efficiency and provides complete solutions for the excavation, transport, storage and delivery of key primary materials in Qatar and the wider region.

Qatar Rail is the company responsible for the design, construction, commissioning, operation and maintenance of the entire rail network and systems within Qatar. Its scope of work is driven directly from the Qatar National Vision as the country aims to sustain its development and provide a high standard of living for its people by 2030.

Source : Qatar News Agency

Tags: CompanyMaterialsMoUPrimaryqatarQatar Railsigns
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