UAE, 10 October, 2024 : Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, announced that 22% of the UAE's non-oil trade was transported by road in 2023, amounting to AED 576.4 billion. He emphasized the importance of the UAE Railway Programme in shaping the transport sector, which includes developing a national railway network connecting all seven emirates, major cities, ports, and industrial areas.
During the Global Rail Transport Infrastructure Exhibition and Conference - Global Rail 2024, Al Mazrouei highlighted the transport sector's role in boosting intra-trade and cargo transport. He noted that the advanced transport system enhances the UAE's competitive position in this vital sector.
The Etihad Rail Project is progressing steadily, focusing on cargo volume and quality services for various companies. The passenger transport phase, set to begin operations at the end of 2025, will connect all emirates and key tourist areas.
Additionally, Al Mazrouei discussed the Hafeet Rail Network project, which aims to establish the fastest railway link between the UAE and Oman, with significant bank participation in financing this strategic initiative. He expressed optimism about connecting with other Gulf Cooperation Council countries to foster prosperity and growth.
Source : www.wam.ae
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