Thursday 29 September 2022 - 8:17:23 am
Transport & Infrastructure
2022 Sep 28 Wed, 12:48:15 pm

Etihad Rail, Oman Rail to build US$3 billion Oman-Etihad Rail Company

  MUSCAT, 28th September, 2022 (WAM) -- On the sidelines of President His Highness Sheikh Mohamed bin Zayed Al Nahyan's visit to Oman, Oman Rail, the Sultanate’s national developer and operator of railway networks, signed an agreement with Etihad Rail, the developer and operator of the UAE National Rail Network, to jointly establish an equally-owned company, Oman-Etihad Rail Company. The newly created entity will hold an overall investment power of US$3 billion to design, develop and operate a railway network connecting Sohar Port to the...