Wednesday, 31 July 2013

UAE to award contracts for second phase of vast rail network - FT.com

UAE to award contracts for second phase of vast rail network - FT.com:

"The United Arab Emirates will soon award contracts for the second phase of a vast railway project aimed at connecting the country’s industrial cities and boosting trade across the Gulf.
Etihad Rail – which is 30 per cent owned by the UAE’s federal government and 70 per cent by Abu Dhabi – will in the third quarter of this year grant tenders to build a network that will run to the Saudi Arabian border, the company’s chief executive said."

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