Serco preferred bidder for GBP400m Dubai Metro ...
Serco preferred bidder for £400m Dubai Metro service contract
19 June 2007
Serco Group plc (Serco) today announces that the Dubai Government Roads and
Transport Authority (RTA) has selected it as preferred bidder to operate and
maintain the first two lines of the new Dubai Metro. The first two lines will
provide 76 kilometres of track and are predicted to carry 200m passengers per
year. The first line opens in autumn 2009 and the second in spring 2010.
The contract will include pre-launch consultancy and planning, starting in the
summer of 2007. The operations and maintenance period will then run for five
years from autumn 2009, with the potential for a further five-year extension.
The contract is valued at more than £400m over this 12.5 year period.
Serco will run the operations control centre, provide train attendants and all
staff at the stations and maintain rolling stock, track and station facilities.
Serco brings substantial experience of operating metro systems, including the
award-winning Docklands Light Railway in London.
The Dubai Metro is the first in the region and is an important development for
the city. Ultimately, it is the RTA's intention to extend the Dubai Metro to
more than 300 kilometres, making it the world's largest driverless metro
system.
Christopher Hyman, Chief Executive of Serco, said: "To support their
significant economic growth the forward thinking government of Dubai continues
to develop new and innovative solutions. We are therefore delighted to have
been selected as a partner to the RTA and look forward to delivering their
landmark service in Dubai's public transport infrastructure. Serco has
developed an excellent reputation for delivering quality metro systems and we
will work hard to ensure we meet the trust the Dubai Government has placed in
us."
ENDS
For further information, please contact: +44 (0) 1256 745 900
Dominic Cheetham - Director, Corporate Communications
Richard Hollins - Head of Investor Relations
Notes to Editors
Serco supports governments, agencies and companies who seek a trusted partner
with an established track-record of providing assured service excellence. Our
people offer operational, management and consulting expertise in the aerospace,
defence, education, health, home affairs, local government, science, transport
and commercial sectors.
In the UK Serco operates the award winning Docklands Light Railway - which is
also a driverless system - as well as Northern Rail and Merseyrail in joint
venture with NedRailways. In Australia, Serco operates the prestigious Ghan,
India-Pacific and Overland train services.
More information can be found at www.serco.com
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