Qatar Rail has entered into a pact with Qatar Primary Materials Company (QPMC) for steady flow of construction materials as part of its efforts to mitigate the impact of rising project inflation.
The agreement was signed between Qatar Rail and QPMC CEOs Saad al-Muhannadi and Eisa al-Hammadi.
“The memorandum of understanding signed with QPMC seeks to guarantee the flow of the primary materials to our projects and stabilises the market rates,” al-Muhannadi said.
The agreement will contribute towards further strengthening the business ties as well as capabilities to support Qatar’s planned railway network, according to al-Hammadi.
Qatar Rail is responsible for the design, construction, commissioning, operation and maintenance of the entire rail network and systems within the country.
Established in 2006, QPMC ensures supplies of building materials to the local market and provides complete solutions for the excavation, transport, storage and delivery of key primary materials in Qatar and the wider region.
