$3bn railway to link Oman, UAE

$3bn railway to link Oman, UAE

DUBAI: A new $3 billion railway is to link Oman’s Sohar port with Abu Dhabi, capital of the United Arab Emirates, officials said on Wednesday. The 303-km railway, with passenger trains travelling up to 200 km per hour, will join up with the UAE’s national network that is now under construction. The joint venture between Oman Rail and the UAE’s Etihad Rail was agreed during a visit by UAE President Mohamed bin Zayed to the Omani capital Muscat.

“The railway… promises huge strategic economic and social gains,” Abdulrahman Salim Al-Hatmi, Group CEO of Oman Rail’s parent company Asyad, said in a statement issued by the Abu Dhabi government. Sohar, a deep-sea port on the Gulf of Oman and itself a joint venture with the port of Rotterdam, bills itself as a nexus of trade between Asia and Europe.

No finish date was given for the project. A multibillion-dollar railway linking the six Gulf Cooperation Council countries has languished since a feasibility study was approved in 2004. When completed, Etihad Rail, the UAE network, will operate 1,200 km of track connecting all seven emirates and the border of neighboring Saudi Arabia, as well as Oman.

Construction is 70 percent finished, according to its website,