View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
October 1, 2009

Gulf Railway Line Cost Jumps to $25bn

The estimated cost of the Gulf Co-operation Council (GCC) rail network has risen from $14bn to $20–$25bn, GCC's assistant secretary general for economic affairs has revealed. The jump in cost is due to the countries' reworked plan to modify the network to operate ina simialr way t

By cms admin

The estimated cost of the Gulf Co-operation Council (GCC) rail network has risen from $14bn to $20–$25bn, GCC’s assistant secretary general for economic affairs has revealed.

The jump in cost is due to the countries’ reworked plan to modify the network to operate ina simialr way to Europe’s Eurostar.

The 1,940km rail network would connect the six countries of Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates (UAE).

Although each of the six countries would contribute towards the start-up capital, Saudi Arabia and the UAE will handle most of the funding as they will have the longest tracks of around 600km each.

The rail network would run diesel-powered trains operating at 200kmph to carry passengers and freight between the six countries.

With the detailed study expected to finish by this year, construction should begin by 2010–2011 and finish by 2017.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The railway industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Railway Technology