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OMAN: UAE to Oman railway mission promoter Hafeet Rail has awarded contracts for the development of two freight amenities and the availability of wagons. It has additionally reached an settlement for the transport of aggregates on the longer term line.
Larson & Toubro and Energy China are to design and construct ‘state-of-the-art’ logistics amenities with superior automation and management to deal with bulk, containerised and breakbulk cargo at Al Buraimi and within the port metropolis of Sohar. The Sohar web site will embrace provision for locomotive and wagon upkeep.
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CRRC has been awarded a contract to produce high-performance wagons for numerous varieties of freight, together with bulk commodities and containers. In October, Progress Rail was awarded a contact to produce 27 EMD SD70ACS diesel locomotives for the road.
A heads of phrases settlement with metal and building supplies firm Emsteel establishes a long-term partnership for the transport of 4·2 million tonnes of limestone and purple shale from Oman to the UAE over 15 years.
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The most recent agreements introduced on February 7 symbolize ‘a transformative step in advancing financial integration between the UAE and Oman’, stated Ahmed Al Musawa Al Hashemi, CEO of the Hafeet Rail three way partnership shaped by Oman Rail and the UAE’s Etihad Rail and Mubadala Funding Co.
He stated the railway would ’unlock new commerce routes, optimise provide chain efficiencies and stimulate sustainable financial progress, creating long-term worth for companies and communities throughout each international locations’.
