UAE's $11 bln rail projet bidding in 2 mths, UAE Rail, Transportation - Maktoob Business

Union Railways Co, the government-owned firm in charge of an estimated $11 billion United Arab Emirates railway, said it plans to open the project to interested bidders in the next two months.

"We will be starting a formal solicitation process to seek expressions of interest in the relatively near future," Chief Executive Richard Bowker told reporters on the sidelines of a rail conference on Tuesday.

"Expressions of interest will begin in the next two months," Bowker earlier told the conference, noting that the 1,500 kilometre railway network will operate on diesel engine but can be converted to electric.