Kuwaiti Metro bids likely to be accepted by the end of the year
Bidding for the new Kuwaiti Metro system is expected to be accepted by the end of this year
Bids are likely to be accepted for the first phase of Kuwait's Metro project before the end of the year, an official was quoted as saying.
Study for the first phase is almost complete and awaits the approval of the Higher Committee for Government-sanctioned Projects ahead of accepting bids, Kuna news agency quoted director of the technical apparatus for development projects Adel Al-Roumi as saying.
The committee will hold a meeting next month to adopt and approve bidding papers, Al-Roumi told Kuna. Al-Roumi said the Kuwait metro project needs vast infrastructure and as soon as the bid winner is announced, work on the project will begin in 2013. The metro project is expected to be fully ready in 2020.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Kuwait: Telecom industry competition is set to increase with entry of new player
- Kuwait Metro bids likely by year-end
- What oil price plunge? Kuwait to spend $47 billion on infrastructure projects this year
- Half-a-million to visit Qatar during World Cup 2022
- Tunisia government determination marks new GSM license tender