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English news

21-Mar-2016

RTA to meet Route 2020 five bidders today

Roads and Transport Authority (RTA) is set to meet with the five bidders competing for the contract to design and build the new metro link, Route 2020, connecting to the Expo 2020 site today, 21 March. The meeting could indicate which groups are in leading positions for the contract, which will be the largest infrastructure construction deal awarded in Dubai this year. Bids were submitted by five groups on 6 March, namely: i) Nurol (Turkey) / Astaldi (Italy) / Construcciones y Auxiliar de Ferrocarriles (Spain) – AED6,998,874,922 (no alternative offer); ii) Mapa Gunal (Turkey) / China Railway Group (China) / CSR Corporation (China) – AED9,891,387,231 (no alternative offer); iii) Orascom Construction (Egypt) / Yapi Merkezi (Turkey) / GS Engineering & Construction (South Korea) / Siemens (Germany) – AED10,019,449,463 (no alternative); iv) Acciona (Spain) / Gulermak (Turkey) / Alstom (France) – AED10,224,868,000 (base offer), AED9,975,831,483 (alternative); and v) Obayashi (Japan) / Wade Adams (local) / Consolidated Contractors Company (CCC; Athens-based) / Mitsubishi Heavy Industries (Japan) – AED10,394,846,241 (base offer), AED10,341,846,241 (alternative offer). Abdul Mohsin Younus, CEO of the Roads and Transport Authority (RTA) had confirmed earlier this month that work on Route 2020 will begin in the next few months. (MEED)

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