Jan 25 2012 |
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Qatari Diar Decides To Involve Local Cos In Overseas Projs -Report
Wednesday, Jan 25, 2012
BEIRUT (Zawya Dow Jones)--State-owned Qatari Diar Real Estate Investment Co. has made a decision to encourage local companies to participate in the implementation of all its overseas projects, Doha-based Asharq daily reports Wednesday, citing an official.
The company began applying this resolution by calling local companies to bid for a project it plans to carry out in Tajikistan, the paper says quoting Nasser Al Meer, head of the contracting committee at the Qatar Chamber of Commerce and Industry.
A meeting will be held soon with Qatari Diar in which it will present its projects and the mechanisms for their implementation, Meer said, adding that this will help prop up the local private sector if a positive outcome is reached, the daily reports.
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
(END) Dow Jones Newswires
25-01-12 0742GMT
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