RTA announces 'successful Dubai Metro tenders'

28/05/2009 - Dubai Investment News
RTA announces 'successful Dubai Metro tenders'

Over 90 per cent of retail and ATM sites at Dubai Metro's Red and Green Line stations have been successfully tendered, the Roads and Transport Authority (RTA) has said.

Investors trust the city's investment and economic prospects as shown by bids received by the RTA three times higher the minimum bidding rates, the organisation asserted.

The tender process for the station outlets started during the final quarter of 2008 and six core trades were on offer.

Abdul Mohsen Ibrahim, chief executive officer of RTA Strategy and Corporate Governance, said the organisation will "make our mark in history" by delivering the first urban rail system in the region.

He added: "The success of the tender exercise for the retail station outlets of the Dubai Metro already shows the success of the project."

The Marine Agency at the RTA has also announced that 40 per cent of the Ferry Dubai boats manufacturing process under Phase I of the project is complete.ADNFCR-2019-ID-19189214-ADNFCR