Kuwait metro PPP announced
Date
February 21, 2012
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
The Partnerships Technical Bureau, the PPP agency of Kuwait, recently announced on February 19 that it would "shortly" be issuing an expression of interest (EOI) for the procurement as a public private partnership (PPP) contract of the Integrated Rolling Stock and railway systems for all five phases of the Kuwait Metropolitan Rapid Transit System Project (KMRT) .Join InfraPPP Blogs on your favourite social network:
KMRT is being implemented by the Ministry of Communications under the auspices of PTB as per the PPP Law No.7/2008.
Other standard contracts are to be tendered for civil works and the operation of Phase 1, which includes 50 km of metro with 28 stations. The other four phases will be developed and constructed in future stages over the coming years as demand grows, said the statement.
UK-based team led by Ernst and Young is advising to the Ministry of Communications for the $7bn Kuwait metro project. The group also includes Atkins as technical adviser and Ashurst as legal adviser.
The feasibility prepared by the advisors recommended that the financing structure includes a government subsidy.
- Follow us on twitter: +750 followers
- Join our Linkedin group: +1900 members
List of country news
Country news
-
-
March 06, 2012
RFQ released for Kuwait PPP hospital
. Read more -
March 26, 2012
EOI for rolling stock and systems of Kuwait metro through PPP
. Read more -
April 30, 2012
RFQ launched for Wastewater PPP Project in Kuwait Southern Area
. Read more -
September 26, 2013
Kuwait hires HSBC to structure a $3.3 billion solar power plant as a PPP
Kuwait has hired HSBC to structure a 280-MW concentrated solar power (CSP) plant in Al-Abdaliya as a Public Private PArtnership. The project will be located near the capital city. Read more -
October 04, 2013
Kuwait launches request for EOIs for waste to energy PPP project
The State of Kuwait through the Partnerships Technical Bureau (PTB), in collaboration with the Kuwait Municipality, is planning the development of a municipal solid waste project through a public private partnership (PPP) venture. Read more
