Bahrain has launched a procurement course of for the development of the Bahrain Metro. The multi-billion-dollar challenge seeks to develop a rail transport community throughout the dominion by way of a public-private partnership (PPP).
To this finish, Bahrain’s Ministry of Transportation and Telecommunications (MTT) will host a ‘World Market Digital Sounding Discussion board’ to introduce the challenge to key gamers throughout the world development trade. The discussion board will likely be held throughout the first week of March 2021 and will likely be adopted later within the yr by the challenge’s tendering through a worldwide bidding course of.
MTT has appointed a group of monetary, technical, and authorized advisors led by KPMG to behave as lead transaction advisors.
The challenge will include growing a 109km city rail transit community in a phased method comprising of 4 transit strains. Section one contains two strains with an estimated size of 28.6 km and contains 20 stations with two interchanges. The 2 strains will join key transit factors together with Bahrain Worldwide Airport in addition to main residential areas, business areas and faculty districts in Bahrain.
“We’ve been working in full drive on an entire transportation infrastructure enchancment technique masking land, air and sea, to each assist and drive the dominion’s financial growth and serve our residents, residents and guests,” mentioned Kamal bin Ahmed Mohamed, Bahrain Minister of Transportation and Telecommunications.
“By way of the Bahrain Metro challenge, MTT aspires to use the newest expertise that’s as much as worldwide requirements. This marks an vital milestone as it should enhance the standard of lifetime of residents by offering a quick, comfy, dependable, and sustainable transportation system within the kingdom of Bahrain.”
Learn: Bahrain completes first section of Dhs3.7bn airport modernisation challenge
The Bahrain Metro Undertaking is the newest in a collection of large-scale tasks in Bahrain, price $32bn throughout the transportation, industrial, hospitality and retail sectors by way of private and non-private investments.
This listing features a $7.5bn funding throughout the manufacturing, power, healthcare and schooling sectors. Authorities holding firms may even be investing over $10bn throughout tasks throughout the aluminium and oil and fuel sectors. Tasks embrace the lately accomplished Alba Line 6 Enlargement challenge, Bapco modernisation challenge, A-B pipeline, and LNG Terminal.
Work can also be set to start on the $4bn King Hamad Causeway challenge following the appointment in October 2019 of a consultancy consortium to start out growing the monetary mannequin and different necessities essential for development. Most lately the $1.1bn Bahrain Worldwide Airport growth has now been accomplished, with the brand new terminal prepared and operational. The second section of the growth will concentrate on the brand new Cargo Specific Village, which can supply direct entry to airside and freighter parking, set to be accomplished within the second half of this yr.
