ME 'to spend over $100bn on rail projects'

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Source: www.tradearabia.com 

More than $100 billion will be spent in the coming years on massive rail projects that are coming up in the Middle East, according to a report.

Dubai metro
Dubai metro

These projects include the Dubai Metro system, Abu Dhabi’s Surface Transport Master Plan, Saudi’s Haramain high-speed rail link, the Saudi Landbridge, Bahrain’s rail line and Egypt’s rail upgrade programme, said a report by IQPC Middle East, the organisers of ‘Rail Infrastructure Middle East 2010.’

A major event in the region, ‘Rail Infrastructure Middle East 2010, will run from January 17 to 20 at the Shangri La Hotel in Dubai.

The four-day event will attract industry experts from across the globe who will gather to hear updates and share strategies on some of the world’s most talked about rail projects, the IQPC said.

With almost every country in the Middle East announcing plans for infrastructure investment, rail experts from across the world are fleeing to the region to ensure they are involved in these ground-breaking projects, the company said.

Rail Infrastructure will act as a forum for some of the most topical issues facing the industry right now, by providing practical case studies and exclusive presentations from industry experts. The IQPC will provide an essential stage for municipalities, contractors and consultants at the forum.

The speakers lineup is led by Jaber Ali R. Al-Mohannadi, general manger of the Qatar-Bahrain Causeway Foundation, who will be joined by experts Mahmoud Al-Khazaleh, director general, Jordan Hejaz Railway, Bassam Mansour, expert on Trains and Railway Systems, National Transport Authority and many other governmental decision makers, the IQPC said.

TradeArabia News Service