News / The Doha metro system will be tendered in 1-2 months

The Doha metro system will be tendered in 1-2 months

🕔 June 27, 2011

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Qatar winning the bid to host the FIFA 2022 World Cup will spur the country's infrastructure projects market development, estimated over US$ 100 billion, based on public-private partnerships (PPPs) model.

One of the most important projects that is ging to be developed in Qatar is Doha's metro system.The Big Project Me quotes Ghanim Hassan Ali Al Ibrahim, group director for projects at Qatar Railways Co., speaking about the future bid of the metro of Doha:
Tenders for the first phase of the US $25 billion Doha Metro system are due to be launched in the next "one to two months".
He continues explaining how they have planned everything out so that construction is done by 2022.
All contracts, split into 19 separate packages and worth at least $1 billion each, will be awarded sometime in 2012. Al Ibrahim says the final package must be awarded by the end of 2012 to allow enough time for construction; which is estimated to take eight years, with a further year scheduled for testing the completed system.
The Doha metro website values the project at $3 billion, something very different form the 25$ billion.  A public-private partnership (PPP) is being considered as a financing option, they say.The project is being managed by QRDC, a 51:49 joint venture of state-owned property development group Qatari Diar and Deutsche Bahn International.The metro is part of a $42.9 billion railway project initiated by the state, which also incorporates the national rail network, freight network and a proposed direct link via the Friendship Bridge to Bahrain, once completed. The projects are expected to create 7000 jobs.Sources: The Big Project Me and OnlineQatar.com 



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