Wednesday, 19 October 2011

Bombardier plans major investment to set up rail car factory in Qatar | CanadianBusiness.com

Bombardier (TSX:BBD.B) is poised to set up a plant in Qatar to fill a major railway contract launched by the Middle East emirate as it prepares to host soccer's World Cup in 2022.

Mickey Raviv, Bombardier Transportation's director of marketing and business development in the Middle East, told the Gulf Times the plant will be a huge investment for the transportation giant.

"But it will be a strategic decision that we will use for other projects too," he said at the Trans4 transportation conference which runs until Wednesday in Doha, Qatar's capital.

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