Rail investment gathers steam

Fenton, Suzanne
June 2010
MEED: Middle East Economic Digest;6/18/2010, Vol. 54 Issue 25, p28
The article reports that there are 170 billion dollars worth of transport projects planned or under way in the Gulf Cooperation Council countries and the bulk of the investment is in railway projects. The investment in the rail schemes is equivalent to 55.5 percent of the total expenditure earmarked for transport projects in the region. Most projects are in the United Arab Emirates, accounting for 29.3 percent of the total, and the second largest transport market is Qatar.


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