Abu Dhabi Receives 3 Bids for Mafraq Motorway ConcessionPublish Date: 2010-02-08 08:00:14 Story Code: 25107 ABU DHABI — The Department of Transport, or DoT, in Abu Dhabi has received bids from three international consortia vying for the 25-year concession to upgrade, finance, operate and maintain the Mafraq-Ghweifat Highway.
The Highway, which stretches 327 kilometers from Mafraq to Saudi Arabian border at Ghweifat, provides the only access to the Western Region, including the industrial centre of Ruwais and several important tourist destinations. IRTIBAAT Consortium comprises global banking, financial, advisory, investment and funds management services firm Macquarie Capital Group; equity participants Abu Dhabi Commercial Bank and Construtora Norberto Odebrecht. Other members of the consortium are construction firms N.V. Besix and Al Jaber Transport & General Contracting LLC; Transfield Services International Pty Ltd, provider of operations maintenance and asset management services; and design consultants Mouchel Middle East. The second consortium which is contesting the project is the Mafraq Motorway Group comprising European construction group, Strabag SE; UAE civil engineering and building contractors, Saif Bin Darwish. Construction group Joannou & Paraskevaides Ltd and Concession Operations, J&P AVAX SA; and Egis Projects SA are also part of the group. MTD-CSCEC Consortium comprises international infrastructure developer and civil contractor, MTD Group; China State Engineering Construction Company; UAE contractor, Ghantoot Transport. The project is the first transport-related public private partnership or PPP project to be undertaken in the GCC. It will see the highway widened to four lanes in each direction; three in the less-trafficked portions near Ghweifat; and upgraded to meet world’s standards in highway design, safety, communications and services to users. Once completed, the winning consortium will be responsible for maintaining and operating the upgraded highway while meeting stringent performance standards relating to safety, availability and quality for a period of 25 years. Payment to the Consortium will be via a series of equal payments spread over 25 years. These ongoing payments will be subject to deductions for failure to meet the prescribed performance standards and will ensure the consortium remains accountable for the operational performance of the road over the 25 year period. This PPP payment method differs significantly from the more traditional approach where the contractor is paid in full as construction is completed, and has little or no involvement or accountability for the operational performance of the road over the long term. “The project has attracted substantial international interest – the companies competing to deliver the project are among the largest and best in their field,” said Eng. Faisal Al Suwaidi, General Director of Main Roads for the Department of Transport in Abu Dhabi. He said that the project also requires significant input from local companies, who will work closely with the international firms and benefit from the transfer of best practice. —haseeb@khaleejtimes.com © Khaleej Times 2010. All rights reserved. Share this story:  Digg
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