Etihad Rail awards civil & track works contract to Saipem, Tecnimont and Dodsal
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Wed October 26, 2011 1:44 pm

UAE. Etihad Rail – the master developer and operator of the UAE’s national railway network – has awarded the Civil & Track Works contract for the first stage of the network, that will link the Western Region cities of Habshan and Ruwais by 2013 and then Shah and Habshan by 2014.

The contract was awarded to a consortium comprising Italy’s Saipem S.p.A, Tecnimont S.p.A and UAE-based Dodsal Engineering and Construction PTE. Limited.

The successful joint venture was selected by way of a competitive tendering process, following an international-standard process of prequalification, short listing and tendering, which commenced in the last quarter of 2010.

The AED3.3 billion Civil & Track Works contract comprises the design, procurement and construction of the railway infrastructure, in addition to the testing and commissioning (on a design and build basis) of all assets relating to the completion of the first phase of the project. In addition to that, the contract includes the earth works and track’s site grading, bridge structures, communication systems, and the development of the depot at Mirfa.

This contract award follows the official signing by H.E. Nasser Al Sowaidi, Chairman of the Board of Directors of Etihad Rail, earlier this week of the company’s agreement with Abu Dhabi National Oil Company (ADNOC) for the transportation of up to seven million tonnes of granulated sulphur annually.  This agreement – along with the Civil & Track Works contract award – will see the commencement of construction of the first phase of the network. 

Commenting on today’s key announcement, Richard Bowker, CEO of Etihad Rail, said:  "We are so delighted to announce today the appointment of the Civil & Track Works contract for the first stage of the network.  This milestone contract truly marks the start of the realisation of a national railway network on the ground and beyond the planning stages. Thanks to our team’s unwavering dedication, passion and commitment, our landmark project is making massive progress and actual construction is now imminent.  With this key contract in place and with our signed agreement with ADNOC this week, our vision is becoming a reality and we’re getting closer and closer to seeing the first trains run in 2013.”

Once complete, Etihad Rail’s AED 40 billion 1,200km route network will connect urban and remote communities throughout the country. The network will facilitate trade, open up communication channels and foster economic development. The network will also form a vital part of the GCC Railway Network – linking the UAE to Saudi Arabia via Ghweifat in the west and Oman via Al Ain in the east.

About Etihad Rail
Etihad Rail was established in June 2009 under Federal Law no. 2, with a mandate to manage the development, construction and operation of the UAE’s national freight and passenger railway network.

The railway network will be built in phases to link the principal centres of population and industry of the UAE, as well as to form a vital part of the planned GCC railway network linking the six countries of the GCC.

Built to international standards, Etihad Rail’s state-of-the-art network will act as a catalyst for economic growth and sustained social development. Once complete, the railway will redefine logistics and transport in the region, providing a modern, safe, efficient, sustainable network that will connect all regions of the UAE, and the UAE to its wider GCC neighbours.

For more information, please visit www.etihadrail.ae

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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