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FINANCIAL NEWS
No dedicated passenger lines soon: Etihad Rail
25 Mar 2011
(MENAFN) Etihad Rail Chief Executive, Richard Bowker, announced that the company halted work on a dedicated passenger railway between the two emirates of Dubai and Abu Dhabi, and gave priority to new freight lines, reported The National.
This comes as a change to the company’s original plans for a nationwide project worth USD10.89 billion that would have included dedicated passenger links at the length of 1,200 kilometers across all seven emirates.
However, Bowker did not rule out the possibility of building a dedicated passenger line later on. He also pointed out that the new lines would still carry a mix of passengers and freight, but the line would now pass the desert, not the coast.
It is worth noting that the new nationwide network would have a transporting capacity of fifty million tons of cargo and sixteen million passengers.
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