Hafeet Rail, the rail undertaking between Oman and the United Arab Emirates, has awarded key contracts for its building and exploitation. The contracts embody building contracts, rolling inventory and transportation on the long run line.
The undertaking, which is a three way partnership between Oman Rail, Etihad Rail and funding firm Mubadala, has awarded contracts to Larson & Toubro and Energy China to construct key railway services in Oman, particularly in Al Buraimi and Sohar. They’re purported to deal with varied sorts of freight and supply upkeep providers.
Hafeet Rail has additionally contracted China Railway Rolling Inventory Company (CRRC) to design and provide freight wagons for multimodal freight transportation. They are going to be designed in order to facilitate transportation of varied sorts of freight, together with bulk and containers.
Transportation contract
Earlier, Hafeet Rail signed an settlement with Emsteel to facilitate the transportation of mixture supplies, reminiscent of limestone and pink shale, between Oman and the UAE. Extra particularly, Hafeet Rail will probably be transporting an annual quantity of 4,2 million tonnes between the 2 international locations over a 15-year interval.
“By fortifying cross-border connectivity between Oman and the UAE, we’re not solely optimising provide chain effectivity but additionally positioning our built-in logistics ecosystem as a key enabler of commerce competitiveness and financial progress”, a Hafeet Rail board member commented. “
“This strategic rail hyperlink will unlock unprecedented commerce potential, catalyse high-impact funding alternatives, and place the area as a logistical powerhouse within the world economic system.”
remained rail
Hafeet Rail will probably be 238 kilometres in size and is meant to attach 5 main ports and industrial zones throughout the UAE and Oman. Sooner or later, an prolonged connection to Oman’s capital metropolis Muscat is deliberate as effectively.
The rail undertaking, which was beforehand named Omani & Etihad Rail Firm however modified its identify within the spring of 2024, is a part of a wider effort to develop rail infrastructure within the Gulf area and to attach all six Gulf Cooperation Council member states. It managed to safe 1,5 billion {dollars} in funding final 12 months.
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