Company created to drive UAE rail ambitions

ON TRACK: A new company, the Union Railway Company, will drive the UAE's railway development. (Getty Images)

A new government-owned company charged with improving rail links across the emirates has been created.

The Ministerial Council for Services has passed a federal bill to form the Union Railway Company whose main mission will be to underpin the national economy through the transportation of passengers and goods, increasing inter-emirate trade exchange and easing traffic congestion.

A trans-emirates rail network, which would see a double track rail service built from Ruwais in Abu Dhabi to Fujairah, was approved on Sunday, news agency WAM reported.

The company will own, lease, sell, buy and operate trains and invest in transportation of passengers and goods and other related activities.

Tenders for the project are expected to be offered by 2015, and it has been reported that the cost of the project could reach more than $3billion.

The project's first phase will focus mainly on creating an industrial railway, while the second phase will be a passenger rail line that links all seven emirates.

Print | Email | Discuss this article

| Share |

READERS' COMMENTS

Click here to post a comment

Add your Comment All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic. Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *	(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Enter the words above *
Please click post only once - your comment will not be published immediately.

MORE FROM ARABIANBUSINESS.COM