The United Arab Emirates’ railway developer Etihad Rail is set to secure government funding and award contracts to build the second phase of its USD11 billion national rail network, its acting chief executive officer said.
“We’re ready to award it. It’s in finalizing stages for funding from the government,” Faris Saif al-Mazrouei told reporters on the sidelines of an industry event in Dubai.
Source: www.reuters.com
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