The GCC railway network will soon be a reality with many lines already set for completion by 2018, Abdullah Belhaif Al Nuaimi, the UAE Minister of Public Works and Chairman of the Federal Transport Authority (FTA) said.
“Though 2018 has been set as initial deadline for the GCC rail to take shape, the UAE is steps ahead the scheduled timetable. The primary total cost of the GCC rail stands at USD 20 billion. However, the expenses are expected to jump to Dh100 billion or around USD 30 billion,” Nuaimi told Khaleej Times.
The UAE and Saudi Arabia are in line with the set schedule but not all Gulf countries will be ready by 2018, and hence 2020 has been set as maximum timeframe for the project, the Minister explained.
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