MoU signed for USD2 billion Metro PPP project in Bahrain
The Delhi Metro Rail Corporation has announced that it has qualified to bid as the main consultant for the first phase of the Metro public-private partnership (PPP) project in Bahrain.
DMRC has signed a memorandum of understanding (MOU) with BEML, a state-owned equipment manufacturer, for the supply of rolling stock. According to MOU, BEML will be in charge of manufacturing and supplying the rolling stock, while Delhi Metro will provide expertise in project development, budgeting and facilitating the development of contractual obligations for the Bahrain Metro project. 11 bids have been submitted for a contract to build and operate the subway worth US$2 billion. The following companies have applied to participate in the project:
- Alstom from France;
- Aradous Energy and Taqi Mohammed Albaharana Trading from Bahrain;
- China Harbour Engineering, China Railway Group and train maker CRRC;
- Hyundai Engineering from Korea;
- Larsen and Toubro from India;
- Orascom from Egypt;
- Plenary Asia from Singapore;
- Virtue Global Holding from the UK.
The winner company will finance, design, build, maintain and transfer the project at the end of the 35-year period.
Country news
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November 29, 2022
Bids submitted for US$12 billion Airport PPP project in Bahrain
Ministry of Transportation and Telecommunications (MTT) Bahrain has announced that it has received four bids for the Study of New Greenfield Airport Project.
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June 02, 2022
Eleven firms for the USD1.75 billion metro PPP project in Bahrain
The Ministry of Transportation and Telecommunications (MTT) of Bahrain has received applications from eleven firms in response to the prequalification notice for Bahrain metro concession.
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April 09, 2021
Tender for the development of metro extension PPP project in Bahrain
Ministry of Transportation and Telecommunications of Bahrain is seeking a technical consultant to study the feasibility of extending the Bahrain metro corridor from King Hamad Railway Station at Alramli area to the new sports City and the International Exhibition Centre at Sakhir area.
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April 02, 2020
S. Korean cooperation agreement on overseas railway-road PPP projects
Korea Rail Network Authority has announced the signature of a bilateral cooperation agreement with the Korea Expressway Corporation on March 31, 2020. Under the agreement, both companies will jointly develop overseas railway-road projects and cooperate in large-scale public-private partnership (PPP) projects.
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September 20, 2018
Bahrain and Saudi Arabia to tender US$3.5 billion causeway PPP next year
Saudi Arabia’s ambassador to Bahrain has stated publicly that the tender for the King Hamad Causeway, a 25km road and rail bridge that will cross the Gulf of Bahrain, will be launched in six months. The estimated construction cost is between US$3 and 4 billion.
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