|
|
Article: The Gulf States to Spend More Than $100bn on Rail Projects.
- Article from:
- Telecommunications Weekly
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Over the past few years the world has looked on in amazement as the
unprecedented amount of investment in rail projects continues to grow at astonishing rates in the Middle East.
Owing to the boom in population and increased traffic on the roads, governments are recognizing the need for quality rail infrastructure as a means to stimulate and sustain the economy.
It is approximated that the Gulf States will spend more than US$100bn on rail projects in the coming years. These projects include the Dubai Metro system, Abu Dhabi's Surface Transport Master Plan, Saudi's Haramain high-speed rail link (HHR), the Saudi Landbridge, Bahrain's six lane rail ...