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Stage Two will ex­tend 605 kilo­me­tres from Ghuweifat on the border with Saudi Ara­bia to Fu­jairah on the east coast, to be fol­lowed by fu­ture route ad­di­tions.

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The UAE Min­istry of Fi­nance and the Abu Dhabi Depart­ment of Fi­nance have signed an agree­ment for the Ënanc­ing of Stage Two of the Eti­had Rail na­tional rail net­work.

Stage Two will ex­tend 605 kilo­me­tres from Ghuweifat on the border with Saudi Ara­bia to Fu­jairah on the east coast, to be fol­lowed by fu­ture route ad­di­tions.

The vol­ume of goods trans­ported will in­crease from seven mil­lion tons per year on Stage One to more than fifty mil­lion tons.

The agree­ment sign­ing cer­e­mony was at­tended by His High­ness Sheikh Theyab bin Mo­hamed bin Zayed Al Nahyan, Chair­man of the Eti­had Rail Board of Di­rec­tors.

His Ex­cel­lency Obaid bin Hu­maid Al Tayer, Min­is­ter of State for Fi­nan­cial Af­fairs, His Ex­cel­lency Riyad Ab­dul Rah­man Al Mubarak, Head of the Abu Dhabi Depart­ment of Fi­nance, and Eti­had Rail, signed the agree­ment.

“[Eti­had Rail] will be achiev­ing a num­ber of eco­nomic ben­e­fits, such as im­prov­ing the trans­port and ship­ping sec­tor in the UAE by link­ing ports, man­u­fac­tur­ing and pro­duc­tion points, and pop­u­la­tion cen­tres,” said His High­ness Sheikh Theyab bin Mo­hamed bin Zayed Al Nahyan. “The net­work will help to sup­port fu­ture growth with a sus­tain­able, safe, mod­ern and cost-ef­fec­tive trans­port sys­tem, as well as con­trib­ute to re­duc­ing the num­ber of ve­hi­cles on the roads, which will yield tan­gi­ble ben­e­fits from both eco­nomic and en­vi­ron­men­tal per­spec­tives.”

“By adopt­ing global stan­dards, the Eti­had Rail net­work will im­prove the move­ment of goods and peo­ple by cre­at­ing new trade cor­ri­dors,” he said.

Eti­had Rail has taken ma­jor strides in 2018, most im­por­tantly the com­ple­tion of the pre­lim­i­nary de­signs of Stage Two of the project in prepa­ra­tion for the launch of ten­ders for civil con­struc­tion works by the end of this month.

In 2015, Stage One of the project, which ex­tends 264 km, was de­liv­ered, link­ing the Shah and Hab­shan gas fields in the Al Dhafra re­gion of Abu Dhabi to the port of Ruwais on the Ara­bian Gulf, with a ca­pac­ity of trans­fer­ring 22,000 tons of sul­fur gran­ules daily; 20 mil­lion tons have been car­ried in to­tal.

Eti­had Rail is now in ad­vanced stages of com­mer­cial and tech­ni­cal ne­go­ti­a­tions with an ex­tended range of po­ten­tial part­ners.

His Ex­cel­lency Obaid bin Hu­maid Al Tayer, Min­is­ter of State for Fi­nan­cial Af­fairs, His Ex­cel­lency Riyad Ab­dul Rah­man Al Mubarak, Head of the Abu Dhabi Depart­ment of Fi­nance, and Eti­had Rail, signed the agree­ment.

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