Etihad Rail Endorsing Contracts Worth $1.2bn
Etihad Rail has endorsed development contracts worth $1.2bn (AED4.4b) for the infrastructure Packages B and C inside Stage 2 of the 1,200km government railroad system associated Abu Dhabi and Dubai and Khalifa Port, Khalifa Industrial City, and Jebel Ali Port, after an executive gathering led by Etihad Rail’s administrator, HH Sheik Theyab receptacle Mohammed container Zayed Al Nahyan. The task incorporates connections to vital ports and modern regions across the nation, along with a separation of 310 km. Some portion of a 605km line from Ghuweifat to the Port of Fujairah on the east coast, Etihad Rail’s recently granted Packages B and C separately range 216km and 94km.
China Railway Construction Corporation (CRCC) and Ghantoot Transport and General Contracting Company (GTGC) have separately won the agreements. The understandings were formalised during the signing ceremony function by Etihad Rail’s CEO, Shadi Malak, CRCC agent, Wang Jinsong, and Director of GTGC, Ali Mohamed Sadiq Albloushi.
The package A of the venture was granted to a consortium of the CEO Yu Tao-drove China State Construction Engineering Corporation Middle East (CSCEC ME) and South Korea’s SK Engineering and Construction (SKEC) in March 2019. Remarking on the undertaking, HH Sheik Theyab stated: Etihad Rail will continue the development of our vehicle industry and cargo carriage area all through the UAE, as railroad frameworks are a standout amongst the most significant methods for transport on which nations depend to accomplish their financial and social destinations.
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News Source: The ConstructionWeek Online