Two companies are competing for its implementation .. Atta: Baghdad Metro Project in the stage of contract preparation
09:05 - 02/26/2020
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Governor Mohammed Jaber Al-Ata confirmed, on Wednesday, that the "suspended train" project or "Baghdad Metro" is in the stage of preparing special contracts to start negotiations with the French Alstom and Korean Hyundai companies, after settling on one of the financing options from international loans, and the option Most likely it is the Sino-Iraqi joint loan.
Al Atta said in a statement seen by him / the information: “The suspended train project will extend on tracks covering the whole capital, and it will be implemented in several stages that include the first stage of more than 21 km, at 14 stations from the international station towards the sides of Karkh and Rusafa, at a cost of 3 trillion dinars.”
He added that "the French Alstom and Korean Hyundai companies have submitted their offers for implementation, and the project is currently in the stage of preparing special contracts to start negotiations, after settling on one of the financing options between international loans as [You must be registered and logged in to see this link.] pays[You must be registered and logged in to see this link.] 15% of the total estimated cost, and the most likely option is the Sino-Iraqi joint loan to implement productive service investment projects, as well as the province tending toward Chinese loans within the Chinese investment plan in Iraq.
He pointed out that "the Ministry of Planning announced earlier that the project be included in the budget for the year 2020, which helped the local government to move forward on completing all engineering and technical requirements related to signing implementation and direct contracts during the coming days." He called "the Ministry of Finance and sponsors and the Ministry of Transport and departments Maintaining cooperation and coordination to give the project the highest priority among its interests, and to accomplish it with the timing, constants and specific criteria.
And the Governor of Baghdad stated that "the French and Korean companies submitted to the departments of the engineering and technical departments specialized detailed plans and designs and initial maps of the project with paths, stations and depth of the land," noting that it was directed to take into account the maintenance of urban facades in the construction of stations, crossroads and railways carrying the train to show the historical imprint of the capital.
Al-Atta stressed that "the suspended train is one of the vital and economic projects of the capital, because it will change the means of transportation in providing comfortable and appropriate and not waste time in traffic jams and a qualitative shift in the field of transportation for expats and the people of the capital." Ended / 25