Efforts of GCC countries to ensure interoperability along ... - Unife
Efforts of GCC countries to ensure interoperability along ... - Unife
Efforts of GCC countries to ensure interoperability along ... - Unife
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<strong>GCC</strong> Railway Project - Status<br />
‣ Total capital cost estimated:<br />
– US$15.5 billion (200 km/hr –Diesel Traction).<br />
– US$25.6 billion (350 km/hr –Electric Traction).<br />
‣ Project expected <strong>to</strong> be operational about 2017.<br />
‣ Project will:<br />
– Generate significant employment for <strong>GCC</strong> Nationals.<br />
– Promote social integration & economic development &<br />
growth.<br />
– Advance <strong>GCC</strong> –SG Initiatives on Common Market and<br />
Cus<strong>to</strong>m Union & Trade Facilitation.<br />
– Support building national railway industries in the <strong>GCC</strong> MS.<br />
– Alleviate congestion and reduce maintenance costs on road.<br />
– Add valuable and integrated mode <strong>of</strong> transport.<br />
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