UK’s Serco loses Dubai Metro contract after 12 years

  • Date: 20-Mar-2021
  • Source: Arabian Business
  • Sector:Oil & Gas
  • Country:UAE
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UK’s Serco loses Dubai Metro contract after 12 years

A French-Japanese consortium has won a contract for the operation and maintenance of the Dubai Metro, replacing UK-based Serco which has been on board since its launch in 2009.

The new contract, which also includes the operation of the Dubai Tram, covers a total of 15 years, including six renewable years, and is worth about AED542 million per year.

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The consortium consists of three companies - Keolis, Mitsubishi Heavy Industries Engineering and Mitsubishi Corporation.

The award of the contract follows a public tender released by the Roads and Transport Authority (RTA) in which four consortiums and international firms specialised in rail operation and maintenance took part.

Proposals made were analysed and the contract was awarded to the French-Japanese consortium for submitting the best technical and financial proposals, a statement said.

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The deal signals the end of a long-running collaboration with Serco which first provided pre-launch consultancy and planning to the Roads and Transport Authority (RTA) from 2007, and began operating and maintaining the initial 10 stations on the Red Line from