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Work to start on Dubai metro deal.

Asia Africa Intelligence Wire

| July 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Gulf Construction)

Dubai The foundation stone for the Dubai metro project is to be laid this month, following the recent award of the Dh12.45 billion ($3.39 billion) contract by Dubai Municipality to Dubai Rapid Link (DURL) - a consortium of four companies headed by Mitsubishi Corporation of Japan - for the construction of Dubai metro

The group, whose other members include Japanese Obayashi and Kajima and Turkey's Yapi Merkezi, also won a Dh1.88 billion contract to carry out maintenance of the high-tech driverless rail transit system for 15 years. The consortium beat competing bids from companies including France's Alstom, Canada's Bombardier and Siemens of Germany

Dubai Municipality director-general Qassim Sultan said the selection of Dubai Rapid Link came after a detailed, three-month long evaluation of both financial and technical offers submitted by the four internationally renowned consortia

Sultan also said that the project would be constructed in two phases within 55 months with phase one taking 49 months and phase two 35 months. "We will start phase two 20 months into phase one, ...

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