Tag: billion
Contracts worth $78.2 billion awarded this year
On September 9, 2009 Dubai Metro was inaugurated with 10 stations. Work on the remaining stations are progressing at a brisk pace. The cost of building the Dubai Metro, meanwhile, increased to $7.6bn since the contracts were awarded four years ago.
EXCLUSIVE: US $2.5 billion claim over Dubai Metro
The RTA is disputing a massive US $2.5 billion (AED9.18 billion) claim from the consortium responsible for building Dubai Metro, according to a source connected to the project, Construction Week has learned. The RTA has not denied the claim.
