Atkins wins Qatar planning contract

Atkins, the engineering and design consultancy, has won a £70m contract with the Qatar government to co-ordinate the country's huge investment in transport and infrastructure.

Atkins, the engineering and design consultancy, has won a £70m contract with the Qatar government to co-ordinate the country's huge investment in transport and infrastructure.

The agreement will see Atkins set up a central planning office in Doha which, among other responsibilities, will manage projects associated with the FIFA 2022 World Cup.

Qatar aims to have world class infrastructure in place across its entire territory by 2030.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Uwe Krueger, Atkins' Chief Executive, said: "This latest contract win in Qatar strengthens our position in the region even further as we are working with government stakeholders to help them to deliver the most comprehensive and integrated infrastructure investment programme in the region's history."

Shares in Atkins have risen 1.2% in early trading. Over the last year the group is down 1.9%

BS