Client received prequalification entries on 20 June
The local Arriyadh Development Authority (ADA) is evaluating prequalification proposals for the estimated $7-8bn Riyadh metro project.
ADA received prequalification entries from consortiums towards the end of June and is currently deciding which groups to invite to bid for the design-and-build metro contracts, which will include the supply of rolling stock.
The metro project is part of Riyadh’s Public Transport Project (PTP) plan that was approved by the Council of Ministers on 23 April. The plan has been prepared by the High Authority for the development of the city of Riyadh.
Beirut-based Dar al-Handasah and France’s Egis Rail have worked on preliminary designs for the metro project.
The metro network will have a number of lines. One line is expected to run 25-kilometres from the northern to the southern ring road. Another would be about 14km long, extending from east to west across Riyadh. The north to south line would contain about 25 stations, and the east to west line would contain about 11 stations.
The metro is part of Riyadh’s plans to upgrade its transport infrastructure to cope with its rapidly growing population. The city’s existing population of 5.3 million is expected to top 8.3 million by 2025.
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.