Tag: Cofely Besix Facility Management (FM)
Dubai obtains $675m financing for Al Sufouh tramway project
Dubai The Dubai Department of Finance announced Wednesday that it has completed dual currency financing of $675 million (Dh2.48 billion) to complete phase 1 of the construction of the Al Sufouh Tram project. Earlier this month, the Roads and Transport Authority (RTA) awarded a 13-year maintenance contract for the Al Sufouh tramway to a consortium comprising Alstom and Cofely Besix Facility Management (FM).