UAE, Oman call for bids on $3 billion transnational railway project
The move aims to expand the role of the private sector in the state-owned project and promote regional integration, with the project connecting Oman’s Sohar Port with the UAE's National Rail Network.
DUBAI — Oman Rail and Etihad Rail Company are inviting pre-qualification bids from companies specialized in executing mega infrastructure projects in Oman, as part of a $3 billion joint venture to develop and build a railway network between the two countries, the Oman News Agency reported on Wednesday.
The move aims to expand the role of the private sector in the state-owned project and the national economy of both nations, with the project meant to connect Oman’s Sohar Port to the north of the country with the United Arab Emirates (UAE) National Rail Network.
Local companies and joint venture consortiums from Oman and the UAE may apply with a $13,6154.70 (AED 50,000) bidding fee by March 27, and an explanation about their qualifications, completion date and methodology.
The 188-mile railway is part of a larger project to connect to the UAE National Rail Network launched last month, which aims to link all seven emirates of the country via one main railway extending 560 miles.