ENBD concludes Dhs3.9b bonding facilities for Dubai Metro project

Emirates NBD (ENBD) has concluded Dhs3.9 billion Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro ‘Blue Line’ Project.

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Dubai Road and Transport Authority (RTA) awarded a consortium of MAPA, LIMAK, and CRRC - the design and build project for the Dubai Metro Blue Line Project.

As such, Emirates NBD engaged with the consortium as part of a seamless, comprehensive, and collaborative process.

Valued at Dhs20.5 billion, the landmark infrastructure initiative is a key component in Dubai's 2040 Urban Master Plan to create, develop, and expand a world-class network of public transportation services and mobility solutions that connects communities with key locations, alleviates traffic congestion, and enables easier movement of people around the emirate.

DUBAI

Emirates NBD has concluded Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro ‘Blue Line’ Project