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ASIA: Three agreements have been signed paving the way in which for building of a 303 km mixed-traffic railway linking the port of Sohar in Oman with Abu Dhabi within the UAE.
The contracts for the venture, which is anticipated to have a complete price range of round US$3bn, have been introduced on April 23 throughout the joint UAE-Omani Enterprise Discussion board in Abu Dhabi.
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On the identical occasion, the Oman – Etihad Rail three way partnership of nationwide railway venture promoters Oman Rail and Etihad Rail, which was shaped in September 2022, introduced that it’s to rebrand as Hafeet Rail. Hafeet Rail may even preserve the railway line between Sohar and the prevailing UAE nationwide rail community.
Partnership settlement
As a part of the procurement bundle, Hafeet Rail signed a partnership settlement with Mubadala Funding Firm, a state-owned holding group based mostly in Abu Dhabi and backed by the sovereign wealth fund of the UAE. Mohammed bin Zahran Al Mahruqi, Deputy CEO of Hafeet Rail, stated that ‘the signing of this settlement marks the precise begin of the venture and building works’.
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In a second settlement, the venture promoter agreed a contract for civil works value roughly US$1·3bn with a three way partnership of Trojan Development Group (UAE) and Galfar Engineering and Contracting (Oman). ‘The tender allocation displays a transparent imaginative and prescient aimed toward empowering and creating nationwide cadres and contractors, enhancing native value-added, and involving the non-public sector on this very important venture’, Al Mahruqi stated.
Signalling and telecoms contract
A consortium of Siemens Mobility and Hassan Allam Development has been awarded the third bundle. This design-build railway programs and integration contract covers the design, supply, implementation and integration of the telecommunications and energy provide programs, in addition to provision of a desert-proof ETCS Degree 2 practice management gear.
Ayman Ashour, CEO of Siemens Mobility within the UAE, stated the corporate was ‘deeply honoured and proud to have been entrusted by Oman – Etihad Rail with this strategic venture that won’t solely contribute to the social and financial furtherment of each international locations, however which I consider will likely be a ground-breaking venture for the whole area’.
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Passenger trains on the Sohar – Abu Dhabi line would run at 200 km/h and supply a 1 h 40 min end-to-end journey time. Freight trains would run at as much as 120 km/h.
