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$400bn needed annually to reduce oil consumption in the transport sector

Also today, freight transport and logistics in the Middle East region are highly inefficient and dominated by road transport. Governments in the region have initiated multi-billion US Dollar programs to establish a rail network in the Middle East / GCC to benefit from the lower emissions of rail freight transport and to accommodate the significantly increased demand.

GCC countries invest $10.27 billion in rail and metro projects

Public transportation and rail infrastructure projects in the GCC countries saw tremendous growth over the last few years, with rail and metro projects leading the way in terms of the total value of the completed and underway projects, hitting $10,270,000, in Qatar, the UAE and the KSA.