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UNITED ARAB EMIRATES : Italian consortium wins $900m UAE rail deal
Publish Date : 29-Oct-2011
The United Arab Emirates awarded an Italian-led consortium a $900 million contract to build the first stage of the Gulf nation’s railway network. State-backed railway company Etihad Rail gave the deal to Italy’s Saipem S.p.A. and Tecnimont S.p.A., and Dubai-based Dodsal Engineering and Construction PTE Ltd.
Etihad Rail said that the contract includes the design, procurement and construction of the railway infrastructure, as well as testing and commissioning of all assets relating to the completion of the first phase of the project. The earth works and track\'s site grading, bridge structures, communication systems, and the development of a depot at Mirfa are also included.
Etihad Rail\'s AED40bn 1,200km route network will connect urban and remote communities throughout the nation, after the completion. The network will connect the UAE to Saudi Arabia through Ghweifat in the west and Oman via Al Ain in the east.
“This milestone contract truly marks the start of the realisation of a national railway network on the ground and beyond the planning stages. With this key contract in place and with our signed agreement with ADNOC this week, our vision is becoming a reality and we\'re getting closer and closer to seeing the first trains run in 2013,” said Richard Bowker, CEO of Etihad Rail.