UAE Business: UAE launches $13.6bn railways programme – Gulf Digital News

  • Date: 05-Dec-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:UAE
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UAE Business: UAE launches $13.6bn railways programme – Gulf Digital News








The UAE Government has announced the launch of the UAE Railways Program, the largest integrated system for transporting goods and passengers across the country, worth AED50 billion ($13.61 billion).





 





The programme constitutes an integrated strategy for the railway sector in the UAE for the coming decades, as it includes a national network of railway projects that link the emirates and the key cities of the country. 





 





It was launched in the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces. 





 





Stage One of the Etihad Rail has been fully operational since 2016, with opportunities to expand beyond the borders of the UAE.





 





The UAE Railways Program falls under the ‘Projects of the 50’ which is a series of developmental and economic projects that aim to accelerate the UAE’s development, transform it into a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors. 





 





The UAE Railways Program was launched during a special event celebrating the projects of the 50, held at  Expo Dubai 2020. The event highlighted the