Saturday 20 March 2021

UK's Serco loses #Dubai Metro contract after 12 years - Arabianbusiness

UK's Serco loses Dubai Metro contract after 12 years - Arabianbusiness

Dubai’s metro and tram network spans about 100km and has 64 stations.

A French-Japanese consortium has won a contract for the operation and maintenance of the Dubai Metro, replacing UK-based Serco which has been on board since its launch in 2009.

The new contract, which also includes the operation of the Dubai Tram, covers a total of 15 years, including six renewable years, and is worth about AED542 million per year.

The consortium consists of three companies - Keolis, Mitsubishi Heavy Industries Engineering and Mitsubishi Corporation.

The award of the contract follows a public tender released by the Roads and Transport Authority (RTA) in which four consortiums and international firms specialised in rail operation and maintenance took part.

Proposals made were analysed and the contract was awarded to the French-Japanese consortium for submitting the best technical and financial proposals, a statement said.


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