Nation has always enjoyed the advantages of geography and political stability
business3 days ago
The project involves construction of the 20 kilometres loop that connects Dubai International Airport with Deira, Bur Dubai and Rashidiya. The phase 2 contract was placed as an option to the Dh12.45 billion contract awarded to DURL in June 2005.
DURL consortium led by Mitsubishi Corporation has participation from Mitsubishi Heavy Industries, Obayashi Corporation, Kajima Corporation all from Japan and Yapi Merkezi of Turkey. While Parsons International from the US and Systra from Franac will oversee the construction, Australia's Bovis Lend Lease will provide project management services on the client.
The Dubai Metro will be built in three phases. The first phase, known as the Red Line, will be completed by September 2009. A milestone in the construction of this line is said to be the construction of the first pier for the elevated route near Jebel Ali village at Shaikh Zayed Road, which is planned for June 29, 2009.
With the objective of providing a fully integrated transport system, The RTA is planning a railway network throughout Dubai to connect the major business centres to minimise traffic congestion.
Dubai's Metro rail system will be the longest fully automated system in the world when the project will be completed in 2012. Dubai's integrated transportation solution targets an increase of public transport market share from 4.7 per cent to over 17 per cent over the next 15 years.
In the year 2020, the Red line will have a projected capacity of 16,792 passengers per hour per direction (PPHPD) while the Green 10,688 PPHPD, with the ultimate aim to raising these figures to 27,000 and 18,000 respectively.
Nation has always enjoyed the advantages of geography and political stability
business3 days ago
Travel Tricks explores collaboration for MICE opportunities
business3 days ago
6G will further elevate capabilities of robots, AI, autonomous transport and remote surgery/diagnostics among others
business4 days ago
Net profit (after tax) up 32% per cent y-o-y to Dh1.45 billion
business4 days ago
UAE business activity and business confidence remained strong
business4 days ago
Telco’s AGM to approve cash dividends of 40 fils per share for H2 of 2023
business5 days ago
Total income reached to Dh5.607 billion compared to Dh4.431 billion, a solid expansion of 26.5 per cent YoY
business5 days ago
Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, presented the awards to the winners in various categories
business5 days ago