'Serco' to Operate and Maintain Palm Jumeirah Monorail

Dubai, Sunday 8^th August. Nakheel announced today that Serco, the international service company, has been appointed to operate and maintain the Palm Jumeirah Monorail.

The Palm Jumeirah Monorail is a critical component of the Palm Jumeirah and runs along the entire length of the development, some 5.5 kilometres from The Gateway Station on the Dubai Mainland to the Atlantis Station on the Crescent. Serco took over its operation on 6th of August 2010. The Monorail has proved extremely popular with both Palm Jumeirah residents and tourists as it enjoys stunning views of the world famous development, as well as providing essential access. There will be no disruption to monorail users during the handover.

Serco already operates and manages the Dubai Metro on behalf of the RTA and since 1997 has operated the award winning Docklands Light Railway in London.

Mr Ali Lootah, Chairman of Nakheel said, "I am delighted to confirm that we have appointed Serco to operate the Palm Jumeirah Monorail. With the safety and comfort of Monorail users as our priority, it was vital to select an operator with the appropriate experience, skill and scale. Serco has vast knowledge of driverless transport systems and we are very pleased to be working with such a highly qualified and respected company."

Zafar Raja, CEO of Serco added, "Palm Jumeirah is a world famous, world class landmark and we are proud to be contributing to its status as a unique part of the Dubai success story.

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About Nakheel
Nakheel is one of Dubai 's largest developers and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism. Nakheel is developing an iconic portfolio of innovative landmark projects in Dubai , and now in key markets around the globe, across a range of sectors - residential, commercial, retail, and leisure.

Nakheel's Dubai portfolio currently includes Palm Jumeirah, Palm Jebel Ali, Palm Deira, The World, Waterfront, Jumeirah Islands , Jumeirah Village , Jumeirah Park , Jumeirah Heights , The Gardens, Discovery Gardens , Al Furjan, and International City .

Further information can be found at www.nakheelmediacentre.com

For more information
Nakheel
Yasmin Attallah
Tel: 04 368 6948
Email: Yasmin.attallah@nakheel.com

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