Oman Rail and Etihad Rail to establish $3bn cross-border rail network

Oman Rail and Etihad Rail have reached an agreement to build a railway network to connect Oman and the United Arab Emirates (UAE).

The duo will jointly set up the Oman-Etihad Rail Company, a new entity equally owned by the two firms, to operate this network.

With an investment of $3bn, Oman-Etihad Rail will be involved in the design, development and operation of a railway network that will link Sohar Port in Oman to the UAE National Rail Network. 

https://www.railway-technology.com/news/oman-rail-etihad-rail-network/