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The urban transport system in Abu Dhabi (metro and light railway) is still at the planning stage. Several Spanish companies are already taking part in these projects and, moreover, the public company Ineco, together with Metro de Madrid, have expressed their interest in participating in developing the future metro network.
UAE-based Aldar Properties recently revised the master plan for its Al Raha mixed-use development to include a public tram line connecting to Abu Dhabi rail and public transport system, as well as water taxi stations along the canals.
The British Business Forum (BBF), the voice of British business people in Kuwait held its November members’ meeting, at the British Embassy Wednesday, to a full audience of business professionals from the local community. The meeting focused on the ‘Region’s Renewed Interest in Metro Projects’.
Abu Dhabi’s Etihad Rail, which is building the United Arab Emirates’ first rail network, will take a decision this month on a $1.3 billion loan to fund the first phase of the project, two bankers familiar with the plan said.
The Abu Dhabi Department of Transport has started work on the design of a Metro and light-rail transit system after the Executive Council approved funding for the projects, a spokesman for the department said. The Abu Dhabi Metro, which will extend approximately 131 km and be supported by tram and bus feeder networks, is set to be operational by 2016-17.
Funding has been approved for four Department of Transport (DoT) projects by the Abu Dhabi Executive Council. They are the Mafraq-Ghweifat motorway to the Saudi border, the Dubai-Abu Dhabi motorway, a metro and light-rail transit system and the alleviation of Abu Dhabi's traffic congestion.
Abu Dhabi will soon be connected to the other emirates of the UAE and to the wider region by a broad-gauge rail network that will streamline logistics, boost exports and increase industrial development, Global Arab Network reports according to OBG.
The Middle Eastern division of Atkins, the UK engineering and design company working on the Dubai Metro and the Etihad Rail line, pointed to "a slowdown in the release of projects" in Abu Dhabi when it reported yesterday a 3.7 per cent drop in profit for the first half of its fiscal year.
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