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Reading: Gulf Railway Project Nears Key Milestone: Operational Plan Study to be Awarded, Says MEED | THE DAILY TRIBUNE
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GCC Railway > Bahrain > Gulf Railway Project Nears Key Milestone: Operational Plan Study to be Awarded, Says MEED | THE DAILY TRIBUNE
Bahrain

Gulf Railway Project Nears Key Milestone: Operational Plan Study to be Awarded, Says MEED | THE DAILY TRIBUNE

October 12, 2024 2 Min Read
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Gulf Railway Project Nears Key Milestone: Operational Plan Study to be Awarded, Says MEED
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TDT | Manama

The Every day Tribune – www.newsofbahrain.com

Electronic mail: mail@newsobahrain.com

The formidable Gulf Railway mission, aiming to create a unified rail community spanning over 2,100 kilometers throughout the six Gulf Cooperation Council (GCC) states, is making important strides, in accordance with MEED journal.

The mission, anticipated to be operational by 2030, is at present within the last phases of awarding a contract for a complete operational plan examine. This follows substantial progress on numerous segments of the mission, together with the completion of the UAE’s part to the Saudi Arabian border, and the profitable completion of the 200-kilometer Ras Al Khair-Dammam rail line in Saudi Arabia.  Preparations are additionally underway for the Bahrain-Saudi Arabia causeway hyperlink.

A three way partnership between Etihad Rail and Oman Rail, the Hafeet Railway Firm, is creating a community connecting Suhar and Abu Dhabi.  Design and implementation paperwork for the primary part in Qatar are finalized, and a consultancy settlement for Kuwait’s part is anticipated in 2024.

Border assembly factors have been recognized, and 13 technical annexes governing execution and operation have been authorised.  A young for an asset administration system can be deliberate, alongside the ratification of a unified operational doc.

The mission is anticipated to considerably enhance regional connectivity, commerce, and financial integration.  In line with statements from GCC officers, the railway community is projected to hold 6 million passengers yearly by 2030, rising to eight million by 2045.

Freight quantity is anticipated to extend from 201 million tonnes in 2030 to 271 million tonnes by 2045.  The mission’s advantages lengthen past financial beneficial properties, encompassing improved intra-GCC commerce, job creation, decreased highway upkeep prices, strengthened social ties, decreased visitors accidents, decrease gasoline consumption, and a decreased environmental influence.

See also  New UAE-Oman freight trains: Abu Dhabi firm, Hafeet Rail to launch daily service

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Reading: Gulf Railway Project Nears Key Milestone: Operational Plan Study to be Awarded, Says MEED | THE DAILY TRIBUNE
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