Nakheel and SMRTE sign contract for operation of Palm Monorail


Tuesday, February 10, 2009

Saw Phaik Hwa, President and CEO, SMRT Corporation Ltd, and Chris O’Donnell, CEO, Nakheel sign a contract between Nakheel and SMRT Engineering Pte Ltd (“SMRTE”) for the operation of Palm Monorail. The contract will see SMRTE take responsibility for the day-to-day running of the service including ticketing, on-going maintenance, and operation of the monorail’s stations. The monorail is now well into its final testing phases and will open to the public in April this year.

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Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum