France wins $2.7 billion Qatar tram deal

France wins $2.7 billion Qatar tram deal

Set to be operational by 2018-20

France and Qatar are moving forward with a plan to build a tram system in the future Lusail City, with the two countries said to have also discussed a possible a defence contract

Yesterday, the French conglomerate Alstom and Vinci signed a $2.72 billion deal with Qatar to build a futuristic tram for the upcoming Lusail City.

The new venture will see the light rail system starting to operate by 2018-20, and was signed by Qatar's emir, Sheikh Tamim bin Hamad Al Thani, in front of journalists during a recent visit to Paris.

The train will be part of one of the Gulf's largest real estate developments, Lusail City, which is expected to house up to 200,000 people. The new $45 billion city will hold commercial districts including the $275 million Marina Mall project, 22 hotels, four islands, two golf courses and feature the 80,000-seat Lusail Stadium — where the championship match of the 2022  FIFA World Cup will be played.

The leaders of the two countries also discussed the possible sale of French Rafale fighter jets — built by Dassault Aviation  to Qatar but no immediate conclusion was made. "They discussed it. Negotiations are continuing," a source close to French President Francois Hollande said.

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