Iraq confirms Alstom and Hyundai for Baghdad Metro project
21 August 2023
Iraq on Friday confirmed it would award the multi-billion-dollar Baghdad Elevated Metro project to Alstom of France and South Korea’s Hyundai Company. The Transport Ministry said it has started measures to allocate land and clear the path of the planned Metro in the capital. “The Ministry is now awaiting financial allocations from the 2023 budget to launch the project…it is also in the process of signing the contract with Alstom and Hyundai,” the Ministry’s Public Relations chief Maytham Al-Safi told the official Iraqi news agency. Safi did not mention when the contract would be signed apart from saying the 20-km rail project includes infrastructure, high-speed trains and 22 stations in the capital. Officials have said Alstom have carried out a feasibility study for the $2.5 billion project, which aims to ease road congestion in Baghdad.
Related
-
EDF and KOWEPO ink deal for 1.5 GW Al Zarraf Solar PV Project in Abu Dhabi
3 June 2025
-
Mongolia kicks off solar tender
3 June 2025
-
South Africa’s BESIPPPP Window 3 ends with two big winners
3 June 2025
-
Poland seeks contractor for its new international airport
2 June 2025
-
GE Vernova’s H-Class gas turbines to expand Qurayyah power plant in Saudi Arabia
2 June 2025
-
Rabigh 2 Solar IPP: Aljomaih Energy Achieves $220M Financial Close for 300MW Plant
2 June 2025