Tendering for the Bahrain Metro will begin later this yr.
BAHRAIN’s Ministry of Transport and Telecommunications (MTT) held a digital market sounding occasion showcasing the Bahrain Metro venture to regional and worldwide buyers on March 2, forward of the launch of worldwide tendering for the venture later this yr.
The ‘Bahrain Metro Market Session,’ which showcased Section 1 of the venture together with technical research, finance and authorized facets, was chaired by minister of transport and telecommunications, Mr Kamal Ahmed, and attended by senior officers together with Shaikh Salman bin Khalifa Al Khalifa, Bahrain’s finance and nationwide financial system minister.
Section 1, which shall be tendered by a world aggressive bidding course of, contains two strains with an approximate size of 28.6km and 20 stations, together with two interchanges. The Purple Line will run from Seef, by way of Manama, to Bahrain Worldwide Airport. The Blue Line will run from the Juffair, by way of the Diplomatic Space, Manama, Al Farouq Junction and Salmaniya, to Isa City Academic Space.
The complete Bahrain Metro venture is estimated to price between $US 1bn and $US 2bn and contains 4 metro strains totalling 109km. The system is designed to hold 43,000 passengers per hour and is meant to cut back highway site visitors congestion within the kingdom. It will likely be the nation’s first rail-based mass transit system.
The venture shall be carried out by a public-private partnership (PPP). MTT has appointed a workforce for the early levels of the venture, together with Anglo-Dutch multinational skilled providers agency KPMG because the lead and monetary advisor; Egis, France, as a technical advisor; and multinational legislation agency DLA Piper as authorized advisor.
The metro is a part of Bahrain’s Financial Imaginative and prescient 2030 technique, which goals to boost the nation’s financial sustainability, competitiveness and equity over the subsequent 10 years.
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