The Sultanate's ambitious national railway project is estimated to have a capital expenditure of $5.305 billion for the 1,061 kilometres in the first phase of the project.
This is based on a rough estimate during the feasibility study and there could be a possibility of a difference between 20 per cent and 30 per cent in the actual cost at the time of implementation.
The GCC railway network is estimated to have a capital expenditure of $11.2 billion, Eng. Salim bin Said Al Amri, Assistant Director General of Roads for Maintenance and Land Transport (Head of Railway Team) at the Ministry of Transport and Communications, told journalists, on the sidelines of Oman Transport Infrastructure Summit yesterday.
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