Korean giant targets GCC metro projects
by This email address is being protected from spam bots, you need Javascript enabled to view it on Saturday, 25 April 2009
Korean contracting giant Samsung Engineering is preparing to bid for the upcoming metro projects across the GCC.
The company has expressed its firm interest in projects in Abu Dhabi, Doha, Riyadh, and Manama, and is also considering a bid for the proposed Purple Line of the Dubai Metro.
"We want to participate in the railway projects in the GCC," Samsung business development manager for the Mena region Muntae Suh told Construction Week.
"If the project is a multi-billion dollar one, like the Purple Line of the Dubai Metro, we would consider bidding as the leading member of a consortium."
Samsung Engineering currently has a number of railway projects ongoing in Korea.
"We are focused on the railway system work itself," Suh said, adding that the firm would seek a role similar to that undertaken by Mitsubishi Heavy Industries, which is leading the consortium constructing the Dubai Metro.
Meanwhile, the Abu Dhabi Department of Transport (DoT) has revealed a provisional timetable by which its surface transport master plan will be implemented.
Under the timetable, feasibility study proposals for the metro system are being accepted until May 30 and the main construction contract for the city's 131km metro system will be tendered in 2011.
A DoT spokesperson told CW the feasibility study should take around two years to complete.
"The study will cover such aspects as whether to go below ground, which is tremendously expensive, or above ground," he said.
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