“We want to implement all railway projects without obstacles. The decision on the development of the GCC railway network was adopted to deepen our trade relations, and to form a sustainable mobility across the region. This ambitious project is supported by all GCC countries and all related authorities, in order to achieve it. We are focusing on private investments and to the market opening as the transport is one of the greatest sectors with huge opportunities. We want to encourage the private sector to invest in railways and we rely on its experience regarding the high quality services,” Abdul Latif bin Rashid Al Zayani, Secretary General of the Secretariat General of the Gulf Cooperation Council, during the Middle East Rail 2017.
United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait are involved in their railway development project that involves the construction of a 2177 km-long network.
The project is estimated that will be completed in 2021. The GCC railway project value is estimated at USD 240 billion, of which USD 69 billion is the value of the projects currently under construction.
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