Bahrain seeks PPP partner to build national metro network
Bahrain has launched a procurement process for the construction of the Bahrain Metro. The multi-billion-dollar project seeks to develop a rail transport network across the kingdom through a public-private partnership (PPP). To this end, Bahrain’s Ministry of Transportation and Telecommunications (MTT) will host a ‘Global Market Virtual Sounding Forum’ to introduce the project to key players within the global construction industry. The forum will be held during the first week of March 2021 and will be followed later in the year by the project’s tendering via a global bidding process.
MTT has appointed a team of financial, technical, and legal advisors led by KPMG to act as lead transaction advisors. The project will consist of developing a 109km urban rail transit network in a phased manner comprising of four transit lines. Phase one comprises two lines with an estimated length of 28.6 km and includes 20 stations with two interchanges. The two lines will connect key transit points including Bahrain International Airport as well as major residential areas, commercial areas, and school districts in Bahrain.
“We have been working in full force on a complete transportation infrastructure improvement strategy covering land, air, and sea, to both support and drive the kingdom’s economic development and serve our citizens, residents, and visitors,” said Kamal bin Ahmed Mohamed, Bahrain Minister of Transportation and Telecommunications.
Source Credit: Gulf Business