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FX Daily Updates
Dubai Roads and Transport Authority awards $5.6 bln metro line project to consortium
georgemiller
Publish Date: Thu, 19 Dec 2024, 06:56 AM

DUBAI, Dec 19 (Reuters) - The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion) contract for the Dubai Metro Blue Line project to a consortium of three companies, the Dubai Media Office reported.
The consortium consists of Turkey's MAPA and Limak, and China's state-owned CRRC.
Dubai Media Office added that the metro line will span 30 km (18.64 miles) and include 14 stations.
($1 = 3.6729 UAE dirham)
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https://www.reuters.com/world/middle-east/dubai-roads-transport-authority-awards-56-bln-metro-line-project-consortium-2024-12-19/