$1.2bln for second phase of Etihad Rail project

The 1,200km railway network will be built in stages

Photo used for illustrative purpose only. Etihad rail, stage one image.

Photo used for illustrative purpose only. Etihad rail, stage one image.


Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, met Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Board of Directors of Etihad Rail, the developer and operator of the UAE railway network, in Dubai on Sunday.

They tackled the progress of the railway network, which is set to connect the seven emirates of the UAE and enhance connectivity with the GCC road network, expanding the infrastructure necessary for furthering economic development both locally and regionally.

The meeting also discussed the second phase of the project, which will connect Abu Dhabi with Dubai at a total investment of Dh4.4 billion. The 1,200km railway network will be built in stages.

They also discussed the positive impact of the rail network, which is considered one of the main development projects being implemented currently in the UAE.

Sheikh Hamdan commended Etihad Rail's efforts to implement the UAE's vision for the transportation and logistics sector by using best-in-class technologies.

The meeting was attended by Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Emirates airline and Chief Executive of the Emirates Group; Abdulla Al Basti, secretary-general of the Dubai Executive Council; Mattar Al Tayer, vice-chairman of Etihad Rail; and Shadi Malak, CEO of Etihad Rail.

- business@khaleejtimes.com


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