jeudi 21 janvier 2010

Dubai to spend three billion on transport.


Board chairman , Roads and Transport Authority In Dubai that the Emirate palns to spend up to three billion dollars on infrastructure projects for the transport sector in 2010 as it seeks to stimulate the economy. Mattar Al Tayer said in a news conference that investment in infrastructure is the driving force of the economy , pointing out that the budget for the transport sector amount to 10.5 billion dirhams this year ( 2.85 billion dollars ) and that the Emirate will spend more in the future , he said , adding later that the budget could rise to 10.7 billion dirhams ( 2.91 billion dollars ). He added that the Emirate did not have problems in the payment of contractors and it considers the development of infrastructure a key factor behind the development of the Emirate as a trading center and tourist destination in the Middle East , and continued investment , even with the impact of the economic crisis. Emirate officals confirmed in August that the cost of the Dubai Metro project , which began operation last September , rose 80% to 28 billion dirhams( 7.6 billion $ ) caused by the expansion of the network and add new plants. A spokesman for the company Obayashi Corp , General Contracting , on the seventh of January , work in metro project slowed down , it discusses the Japanese company , which leads the coalition responsible for the development of the project cost increases due to changes in design. He talked to Dubai can meet its obligations to contractors and consultants of the project , and that "there is no problem in this regard". The coalition includes companies , Japan is another Kajima Corp.General Contracting Company Yapi central to the establishment of Turkish industry and Mitsubishi Heavy Industries , in addition to the Mitsubishi Corp. It was initially scheduled to be supplemented by the rail network in the spring of this year , but is now expected to delay completion until the end of the year.

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