Tag: ConocoPhillips (COP)
UAE-Wide Rail Proj To Cost AED40B, Contract By Yr End-CEO
The network will include a freight and passenger rail line extending from the emirate of Abu Dhabi's Western region through Dubai, Sharjah, Umm Al Quwain, Fujairah, Ras Al Khaimah and Ajman. Union Railway is also looking into the feasibility of building a high-speed passenger rail between Abu Dhabi and Dubai, Bowker said, but plans are in the very early stages. The entire project is expected to take 7 years to complete, Bowker said.
