Dubai Metro, United Arab Emirates

In May 2005, a AED 12.45 billion/US$ 3.4 billion design and build contract was awarded to the Dubai Rail Link (DURL) consortium made up of Japanese companies including Mitsubishi Heavy Industries, Mitsubishi Corporation, Obayashi Corporation, Kajima Corporation and Turkish firm Yapı Merkezi. The first phase (worth AED 15.5 billion/US$ 4.2 billion) covers 35 kilometres (22 mi) of the proposed network, including the Red Line between Al Rashidiya and the Jebel Ali Free Zone set for completion by September 2009 and the Green Line from Al Qusais 2 to Al Jaddaf 1. This was to be completed by June 2010. A second phase contract was subsequently signed in July 2006 and includes extensions to the initial routes. The Red Line partially opened at 9 minutes and 9 seconds past 9 PM on September 9, 2009 (9/9/9 9:9:9), inaugurated by Sheikh Mohammed bin Rashid al Maktoum. The construction cost of the Dubai Metro project has shot up by about 80 per cent from the original AED 15.5 billion/US$ 4.2 billion to AED 28 billion/US$ 7.6 billion. The authorities contradicted this, saying that the cost of the project did not overshoot. They attributed the increase in expenditure to the major changes in the scope and design of the project. The authorities also expect to generate AED 18 billion/US$ 4.9 billion in income over the next 10 years; but they speculate that the Metro would not be a profit-making enterprise, since the fares would be subsidised.
Construction delays
Work officially commenced on the construction of the metro on March 21, 2006. In February 2009, a top RTA Rail Agency official said the $ 4.2 billion Dubai Metro project would be completed on schedule despite global crisis. However only 10 out of 29 metro stations of the red line opened on 9 September 2009.