Energy City, Paradigm Consortium To Seal MoU For US$2.6 Billion Project

KUALA LUMPUR, June 13 (Bernama) -- Qatar-based Energy City Qatar Corporation will seal a memorandum of understanding (MoU) with Paradigm Consortium of Malaysia for the development and construction of a US$2.6 billion energy city.The MoU stands to create a non-binding framework of co-operation under which the parties will explore potential collaborative opportunities with the Energy City Qatar project, said a statement here, today.Energy City Qatar, which covers an area of approximately 1.2 million square metres, is part of Qatar government's drive to create a comprehensive home for the Gulf state's energy industry.Paradigm Consortium is a group of world class designers, master planners, contractors, facility management companies and developers.