UAE: Big projects in the next 50 years

  • Date: 14-Jun-2021
  • Source: Gulf News
  • Sector:Economy
  • Country:UAE
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UAE: Big projects in the next 50 years

Having sent the Arab World's first mission to Mars, UAE sets sights on new milestones

CATALYST: The UAE aims to be a catalyst for global adoption and expansion of hyperloop as new mode of transportation that will be faster, safer, cheaper, and more sustainable than other existing modes. The hyperloop uses vacuum technology to accelerate to speeds of up to 1,200 km/h, zooming past the distance between Dubai and Abu Dhabi in just 12 minutes (about 140km).

ROLLING REVOLUTION: The UAE seeks to revolutionise regional transport and trade through a passenger and cargo hyperloop-enabled system, powered by artificial intelligence (AI). In July 2020, Virgin Hyperloop signed a Memorandum of Understanding (MoU) with the UAE's Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world's first graduate-level, research-based AI university, to initiate a collaborative approach to research and innovation believed to culminate in making the UAE a centre for the development of the hyperloop transport technology.

NON-TRADITIONAL TRANSPORT: DP World Cargospeed, the first-of-its-kind initiative, seeks to provide hyperloop-enabled cargo systems for fast, sustainable and efficient delivery of palletised cargo around the world. It represents a vision for the future of cargo transportation, using non-traditional and emerging transportation technology. The new venture was created through a partnership between