UAE railway programme to deliver $54.5bn in economic benefits from $13.6bn investment

The UAE has invested AED50bn ($13.6bn) in its Nationwide Railway Programme and is predicted to see greater than AED200bn ($54.5bn) in financial and developmental advantages.

Suhail Mohamed Al Mazrouei, Minister of Power and Infrastructure, has affirmed that the UAE Authorities has positioned sturdy emphasis on the land transport sector, significantly railways, as a central element of the Initiatives of the 50.

In 2021, the UAE launched the Nationwide Railway Programme with investments totalling AED50bn ($13.6bn), making it the biggest system of its variety within the nation.

Talking forward of the opening of the International Rail 2025 Exhibition and Convention in Abu Dhabi, Al Mazrouei stated the funding represents greater than infrastructure.

It’s a part of a complete imaginative and prescient anticipated to generate financial and developmental advantages exceeding AED200bn ($54.5bn), whereas additionally chopping carbon emissions and enhancing street security in keeping with the UAE Centennial 2071 targets.

He defined that railways kind a elementary pillar of the UAE’s Internet Zero by 2050 Strategic Initiative, providing a sustainable and environment friendly different to street transport that improves high quality of life and public satisfaction.

Al Mazrouei famous that the United Arab Emirates is constant to put money into the way forward for good mobility by constructing superior infrastructure for autonomous automobiles and making a complete legislative and regulatory framework.

These efforts reinforce the nation’s place on the forefront of creating tomorrow’s transport options.

He emphasised that International Rail 2025 will present a number one platform for cooperation, information change and foresight. The occasion, he stated, displays the directives of the UAE’s management to advertise sustainable improvement and undertake revolutionary options that stability financial progress with environmental safety.

Al Mazrouei added that internet hosting the convention underscores the UAE’s dedication to positioning itself as a world accomplice in shaping the way forward for sustainable transport.

The nation, he stated, goals to construct pioneering tasks that consolidate its position as a global hub for innovation, delivering on present aspirations whereas laying the inspiration for a extra affluent future for generations to return.