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
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
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
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
