Dubai’s Roads and Transport Authority has announced that a consortium of leading Turkish and Chinese companies - Mapa, Limak and CRRC - has secured the contract for the Dubai Metro Blue Line project being set up at an investment of AED20.5 billion ($5.6 billion). Read more on https://lnkd.in/dJRSC9vB #GCnews
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Dubai's Roads and Transport Authority announced that it has awarded the contract for the Dubai Metro Blue Line project to a consortium of three leading Turkish and Chinese companies: MAPA, LIMAK, and CRRC Project, which spans 30 km's and includes 14 stations, is valued at AED20.5 billion #civilengineering #dubaimetro #uaeconstruction
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The Blue Line, set to open by 2029, is anticipated to significantly impact property prices along its route. With improved connectivity and accessibility, areas where the Blue Metro Line crosses are expected to experience heightened demand, boosting real estate values and attracting investors seeking long-term growth opportunities.
Dubai’s Roads and Transport Authority (RTA) has awarded a AED20.5bn ($5.6bn) contract for the construction of the Dubai Metro Blue Line to a consortium of Turkish firms MAPA and LIMAK, along with Chinese company CRRC. Find out more: https://zurl.co/UfYFj
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The Dubai Roads and Transport Authority (RTA) has recently awarded a substantial 20.5 billion dirham ($5.6 billion) contract for the Dubai Metro Blue Line project. This significant project will be undertaken by a consortium comprising Turkey's MAPA and Limak, alongside China's state-owned CRRC. Spanning an impressive 30 km (18.64 miles), the new metro line is set to feature a total of 14 stations, marking a substantial advancement in Dubai's transportation infrastructure.
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Dubai’s Roads and Transport Authority (RTA) has awarded a AED20.5bn ($5.6bn) contract for the construction of the Dubai Metro Blue Line to a consortium of Turkish firms MAPA and LIMAK, along with Chinese company CRRC. Find out more: https://zurl.co/UfYFj
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#RTAdubai has awarded an AED 20.5 billion contract for the Dubai Metro Blue Line project to a consortium of three prominent Turkish and Chinese companies: MAPA, LIMAK, and CRRC. The project spans 30 kilometres and includes 14 stations Source: https://lnkd.in/d734vQcq. #dubia #rail #railway #railengineering #urbantransportion #MAPA #LIMAK #CRRC #metro #railconstruction #blueline #GCC
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MEED's latest free-to-view market snapshot provides an update on the Mena region's top airport projects: https://lnkd.in/dN7UNUyR Key points: ➡️CONTRACTOR RANKING: Turkiye's Limak Holding leads the list of top 10 Mena contractors by active airport #projects ➡️TOP 10 COUNTRIES BY ACTIVE WORK: Kuwait’s New Passenger Terminal 2 #expansion is the largest current airport project under execution ➡️MENA FUTURE AIRPORT CONTRACTS: $133bn of airport #contracts are planned and unawarded across the Middle East and North Africa region ➡️LONGER-TERM PROJECTS: Plans for King Salman International airport in #Riyadh involve building a facility that can accommodate 120 million #passengers by 2030. UK-based Mace has won the delivery partner role on the world’s largest airport project. #airports #aviation #transport #construction #constructionindustry #infrastructure #contractors #middleeast #mena #business #intelligence
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Dubai’s Roads and Transport Authority (RTA) has awarded an AED20.5 billion ($5.58 billion) contract for the Dubai Metro Blue Line project to a consortium of three prominent Turkish and Chinese companies: MAPA, LIMAK, and CRRC. The Blue Line project spans 30 kilometers and includes 14 stations and will offer a direct connection between Dubai International Airport and nine key areas along the line. Read more: https://lnkd.in/dFKKA3_w #UAE #Dubai #DubaiMetro #transportation
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MEED's latest free-to-view market snapshot provides an update on the Mena region's top airport projects: https://lnkd.in/dmRGcHA4 Key points: ➡️CONTRACTOR RANKING: Turkiye's Limak Holding leads the list of top 10 Mena contractors by active airport #projects ➡️TOP 10 COUNTRIES BY ACTIVE WORK: Kuwait’s New Passenger Terminal 2 #expansion is the largest current airport project under execution ➡️MENA FUTURE AIRPORT CONTRACTS: $133bn of airport #contracts are planned and unawarded across the Middle East and North Africa region ➡️LONGER-TERM PROJECTS: Plans for King Salman International Airport in #Riyadh involve building a facility that can accommodate 120 million #passengers by 2030. UK-based Mace has won the delivery partner role on the world’s largest airport project. #airports #aviation #transport #construction #constructionindustry #infrastructure #contractors #middleeast #mena #business #intelligence
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🚆✨ The UAE-Oman Hafeet Rail 🚆 Project is set to revolutionize regional transportation, with a $1.5 billion investment powering the construction of a 238-kilometer railway connecting Abu Dhabi to Sohar. This project will cut travel time to just 100 minutes, with passenger trains reaching 200 km/h and freight trains transporting up to 15,000 tonnes of goods in one trip. With 60 bridges, 2.5 kilometers of tunnels, and a capacity for 400 passengers, this railway will drive economic growth across key industries including mining, agriculture, retail, and e-commerce. 🚢📦 Aligned with the UAE Centennial Plan 2071 and Oman Vision 2040, this ambitious project is a game-changer for trade, tourism, and sustainable development in the region. 🌍 #UAE #Oman #HafeetRail #RegionalConnectivity #EconomicGrowth #SustainableDevelopment #TransportationInnovation #TradeAndTourism #InfrastructureDevelopment #GCCGrowth #RailwayProjects Hafeet Rail First Abu Dhabi Bank (FAB) Abu Dhabi Commercial Bank Bank Muscat #UAEsCentennialPlan2071 #OmanVision2040
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Another #BOT - #PPP in #Oman MUSCAT: Expressions of Interest (EoI) for the redevelopment of the old terminal of Muscat International Airport at Al Seeb are due in by tomorrow, July 9, 2024, marking a key milestone in a competitive tender floated by Oman Airports for this prestigious project. According to Oman Airports — part of Oman Investment Authority (OIA) — the successful bidder will be awarded a contract to design, finance, build, transfer and operate the project on a Build-Transfer-Operate (BTO) basis. The contract period will be not less than 20 - 25 years, inclusive of the construction phase, to ensure the commercial viability of the project. Read more: https://lnkd.in/d6x5fU8x Oman Investment Authority Oman Airports Management Company Ministry of Transport, Ministry of Communications and Information Technology Oman Observer Colliers Project Leaders | Middle East Colliers #MuscatAirport #OmanDevelopment #AirportRedevelopment #BuildTransferOperate #OmanInvestment #AviationHub #OmanAirports #AirportProject #CommercialDevelopment #OmanEconomy #Oman #OmanBiz
Build-Transfer-Operate model for old airport terminal project MUSCAT: Expressions of Interest (EoI) for the redevelopment of the old terminal of Muscat International Airport at Al Seeb are due in by tomorrow, July 9, 2024, marking a key milestone in a competitive tender floated by Oman Airports for this prestigious project. According to Oman Airports — part of Oman Investment Authority (OIA) — the successful bidder will be awarded a contract to design, finance, build, transfer and operate the project on a Build-Transfer-Operate (BTO) basis. The contract period will be not less than 20 - 25 years, inclusive of the construction phase, to ensure the commercial viability of the project. Read more: https://lnkd.in/d6x5fU8x Oman Investment Authority Oman Airports Management Company Ministry of Transport, Communications and Information Technology - Oman #MuscatAirport #OmanDevelopment #AirportRedevelopment #BuildTransferOperate #OmanInvestment #AviationHub #OmanAirports #AirportProject #CommercialDevelopment #OmanEconomy #Oman #OmanBiz
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