Metro results*

1. Nurol (Turkey) / Astaldi (Italy) / Construcciones y Auxiliar de Ferrocarriles (Spain) – AED6,998,874,922 (no alternative offer)
2. Mapa Gunal (Turkey) / China Railway Group (China) / CSR Corporation (China) – AED9,891,387,231.14 (no alternative offer)
3. Orascom (Egypt) / Yapi Merkezi (Turkey) / GS Engineering & Construction (South Korea) / Siemens (Germany) – AED10,019,449,463 (no alternative)
4. Acciona (Spain) / Gulermak (Turkey) / Alstom (France) – AED10,224,868,000 (base offer), AED9,975,831,483 (alternative)
5. Obayashi (Japan) / Wade Adams (local) / Consolidated Contractors Company (CCC; Athens-based) / Mitsubishi Heavy Industries (Japan) – AED10,394,846,241 (base offer), AED10,341,846,241 (alternative offer)

*=All five consortiums provided financing offers.

History repeats itself with Dubai Metro low bid

In late February 2005 Dubai’s construction sector was stunned when a consortium led by Japan’s Mitsubishi Corporation submitted the lowest bid for the contract to deliver the first phase of Dubai Metro.

The price, which was some 40 per cent lower than the second lowest price, was at the time considered by other bidders to be too low and impossible to deliver. Despite the concerns raised, Dubai Municipality, which was handling the project before the Roads and Transport Authority (RTA) was created, went ahead and awarded the consortium the contract.

Just over 11 years later and history is repeating itself with Dubai receiving another bid for metro work that is significantly lower than the competition. On 6 March the RTA opened commercial offers the contract to design and build the new metro link connecting to the Expo 2020 site.

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