Road & Transport Authority (RTA), Dubai announced in a statement that it has awarded a contract for the operation and maintenance (O&M) of the Dubai Metro as well as the operation of the Dubai Tram.
The project awarded to French-Japanese consortium consists of three companies namely Keolis, Mitsubishi Heavy Industries Engineering, and Mitsubishi Corporation.
The value of the contract is approximately AED542 million per annum.
The duration of contract is for 15 years with 9 base years and 6 renewable years. The total Project value for base years will be AED 4.8 billion (USD 1.3billion)
As per the contract, the consortium shall undertake the operation and maintenance services of the Dubai Metro Red and Green lines as well as Route 2020.
It will also cater to the operation of Dubai Tram, and all assets of the metro and tram networks including trains, control centres, stations and the associated infrastructure.
The contract also covers the operation and maintenance of the automated metro and fare systems including the selling and recharging of cards at the metro stations.
His Excellency Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority, remotely signed the contract on behalf of RTA. Keolis Group CEO Marie-Ange Debon, Aki Heiko Nozaka, Director of Investment and Services at Mitsubishi Heavy Industries Engineering, and Toru Kimura, General Manager of Mitsubishi Corporation, signed on behalf of the consortium, statement said.
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