Tuesday 13 July 2010

GCC Countries to get connect via a rail system


Transportation projects in the UAE, Saudi Arabia, Qatar and Kuwait worth an estimated $170 billion will change the way trade is done. Railway projects alone will be worth an investment of $108 billion, according to Satish Khanna, General Manager of Al Fajer Information and Services, the organisers of the GulfRail 2012, an exhibition and conference set to take place from April 17 to 19, 2012.

An $11 billion UAE railway network that will be 1,500km long is scheduled to roll out over the next 7-8 years.

Abu Dhabi has also revealed its plans for a new rail network, called the Union Railway, that would serve Al Ain. The construction of the Union Railway is about to start this year and will cost between Dh30 billion and Dh40 billion.

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