Bahrain launches procurement process to build national metro network

Bahrain launches procurement process to build national metro network

The Kingdom of Bahrain’s Ministry of Transportation and Telecommunications (MTT) has launched a procurement process for the construction of the Bahrain Metro Project. The US$32 billion project aims to develop a modern public transport network across the Kingdom complete with fully automated, driverless technology. The Ministry is seeking to partner with regional and global companies on a public-private-partnership (PPP) basis. MTT will host a ‘Global Market Virtual Sounding Forum’ in early March to introduce the project, and engage in dialogue with key players within the global construction industry. It will be followed later in the year by the project's tendering via a global competitive bidding process. MTT has appointed a team of Financial, Technical, and Legal advisors led by KPMG to act as the Lead Transaction Advisors. The Project will consist of developing an extensive 109km rail-based urban transit network in a phased manner comprising four transit lines. Phase One of the MTT’s ambitious plans comprises two lines with an estimated length of 28.6kms and includes 20 stations with two interchanges. The two lines aim to connect the key transit points including Bahrain International Airport as well as major residential areas, commercial areas and school districts. MTT aspires to apply the latest technology that is up to international standards. This marks an important milestone as it will improve the quality of life of citizens by providing a fast, comfortable, reliable, and sustainable transportation system in the Kingdom of Bahrain.

要查看或添加评论,请登录

Middle East Tenders Project Database的更多文章

社区洞察

其他会员也浏览了