The completion of Dubai's newly opened Metro faces delays as the Japanese-led consortium building the flagship project slows work in a dispute over about $3bn worth of contract payments.
A spokesman for Obayashi Corporation, one of the five main contractors, said work on the remaining unopened stations would be slowed as a negotiating manoeuvre in payment talks with the government's transport authority.
Nikkei, another contractor, had said that construction could be halted. The consortium also includes Mitsubishi Heavy Industries, Mitsubishi Corp, Kajima Corp and Turkish company Yapi Merkezi.
No comments:
Post a Comment