Solely aggregation of news articles, with no opinions expressed by this service since 2009 launch on this platform. Copyright to all articles remains with the original publisher and HEADLINES ARE CLICKABLE to access the whole article at source. (Subscription by email is recommended,with real-time updates on LinkedIn and Twitter.)
Wednesday, 24 March 2010
Dubai reaches metro pay dispute deal
Dubai’s Roads and Transport Authority (RTA) has reached an agreement with the Japanese-led consortium building the metro in a long-running row over unpaid bills, its chairman said on Wednesday in the first public acknowledgement of the dispute.
"The agreement is already reached, it is a matter of signing," Mattar al-Tayer told reporters on the sidelines of a press conference. "It will be signed in two to three weeks."
Work on the metro had ground to a halt in recent months amid a standoff between the RTA and the consortium over who should pay for extra costs, which have ballooned due to changes to designs and the addition of new stations and facilities.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment