Saturday, 21 November 2009

Deutsche Bahn, Qatar in 17 bln euro deal -minister

German rail and logistics group Deutsche Bahn [DBN.UL] is set to sign a 17 billion euro ($25 billion) contract with Qatar, German transport minister Peter Ramsauer said on Friday.

The two parties plan to sign the agreement on Sunday, Ramsauer said at a meeting of transport ministers, adding the deal included building a connection to Doha airport.

Separately, German newspaper Handelsblatt reported in its online edition on Friday that Deutsche Bahn had won a 17 billion euro contract to build a passenger and freight rail network in Qatar.

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