The Ministry of Finance and the Abu Dhabi Department of Finance have signed an agreement to fund the second stage of the national railway, Etihad Rail. It will extend 605 kilometres from Ghuweifat, on the border with Saudi Arabia, to Fujairah, on the east coast.
It said that the volume of goods transported will increase from seven million tons per year on stage one to more than 50 million tons.
Earlier this year, Etihad Rail announced the completion of the preliminary designs of stage two of the project in preparation for the launch of tenders for civil construction works by the end of this month.
In 2015, stage one of the project, which extends 264km, was delivered, linking the Shah and Habshan gas fields in the Al Dhafra region of Abu Dhabi to the port of Ruwais on the Arabian Gulf, with a capacity of transferring 22,000 tons of sulfur granules daily.
Etihad Rail said it is now in advanced stages of commercial and technical negotiations with an extended range of potential partners.
Source Credit: Arabian Business