Monday, Jul 30, 2012
LONDON (Zawya Dow Jones)--Saudi Arabia said Monday it has selected four consortia to bid for the contract to construct the country's first electric monorail project, a move which comes as part of a long series of major development projects taking place in cities across the Kingdom.
In a statement posted on the state press agency's website, Prince Sattam bin Abdulaziz, Chairman of the Committee overseeing the implementation of the public transport in the city of Riyadh, said that four groups of leading international companies had been selected to submit financial and technical bids for the construction of the project in the Kingdom's capital city, Riyadh.
The companies selected have been invited to bid for the project within a maximum of four months time.
The four groups consist of a total 33 companies with expertise in various areas of work related to the project, originating from 15 different countries and including the world's largest train manufacturers who have participated in the establishment of train and metro networks in major world cities such as Paris, London, and Washington amongst others.
The companies eligible to bid were decided based on their respective specializations in industry, trains, digging tunnels underground, civil works and the work of bridges, tunnels, control systems and operation, the mechanical, electrical, and design work, and management of major projects.
In addition, requests to bid for the operation and maintenance of buses, including 16 major international companies specialized in supply, operation and maintenance of buses, are being reviewed and evaluated and will be decided on shortly, the announcement on SPA said.
-By Iman Dawoud, Dow Jones Newswires; +971 55 1093341; iman.dawoud@dowjones.com; Twitter: @ZDJnews
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
30-07-12 0930GMT
