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Dubai’s RTA woos US investors for mega-projects

Dubai’s RTA woos US investors for mega-projects

Work stalled on big-ticket projects including Dubai Metro’s Green Line and the Al Sufouh Tram, over complaints of non-payment from contractors. The RTA said in January it would seek funding for nearly a third of its infrastructure schemes over the next five years in a bid to spread the risk and cost of large projects.

Dubai metro

Dubai metro

Dubai metro video, 8. Feb 2010

Dubai metro

Contracts for GCC rail project likely in December

Contracts for the GCC rail project are expected to be awarded in December this year while the $15.5 billion (Dh56.93bn) project is set to be fully operational by as early as 2016, a senior official said.

Dubai metro

Plan to Expand Rail Project in Dubai

The Rail Agency in the emirate is exploring the expansion of its rail project up to 2030 over and above the existing projects of Dubai Metro and Sufouh Tram.

Dubai metro

ME ‘to spend over $100bn on rail projects’

More than $100 billion will be spent in the coming years on massive rail projects that are coming up in the Middle East, according to a report.

Financing one of the main challenges in rail projects

Financing one of the main challenges in rail projects

Structuring and finance procurement are the main challenges facing Gulf rail projects, industry heads concluded at the first session of a regional rail conference held on Monday.

Gulf rail projects could exceed $60b

Gulf rail projects could exceed $60b

Construction of the long-awaited rail network that will link the six members of the GCC is expected to start in 2010 or 2011.

Vince Cable and Nick Clegg with Adie Webb, operations manager

Lib Dem leaders pays a visit to Melksham factory

Liberal Democrat leader Nick Clegg was given a tour of an award-winning Melksham firm as part of a whistlestop visit to Wiltshire.