ABU DHABI: The United Arab Emirates (UAE) has announced a $54 billion investment plan for its transport sector, which aims to enhance the country’s infrastructure and promote sustainable modes of transport.
According to the details, the project is expected to contribute $6.3 billion to the tourism sector in addition to saving $2 billion in road repairs.
The project consists of 593 bridges, 38 locomotives and 6 tunnels aiming to develop high-speed railways, expand metro and bus networks, and construct new highways and bridges.
The project was launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai who stated that the project was UAE’s approach towards preparing itself for the future.
Speaking at the launch in Al Fayah region, Abu Dhabi, he said, “We are proud of the performance of our sons and daughters who have worked hard over the years to build an ambitious strategic project that will propel our national economy to greater heights”.
He further added that the network will work towards strengthening their capacities and consolidating their unity.
For news and blogs, visit Graana.com
