The board of directors of Oman-Etihad Rail Company have praised the leadership of both countries for their support of the joint railway network connecting Sohar Port with the UAE National Rail Network. The backing is set to accelerate the project's development, fostering sustainable growth, in addition to strengthening economic ties between the two nations.
During the meeting, members of the board underscored the significance of this joint project, which marks a new milestone in the relationship between the two countries. The project aims to facilitate passenger and freight movement, create rewarding job opportunities for professionals in both countries, and foster sustainable development and stronger ties through the development and operation of a safe, secure, and efficient railway network connecting the Sultanate of Oman and the UAE.
Held in Muscat, the meeting was attended by His Excellency Suhail bin Mohamed Faraj Faris Al Mazrouei, UAE Minister of Energy and Infrastructure, and Chairman of the Board of Directors of Oman-Etihad Rail Company, and His Excellency Eng. Saeed bin Hamoud Al Maawali, Omani Minister of Transport, Communications and Information Technology, and Vice Chairman of the Board of Directors of Oman-Etihad Rail Company. The goal of the meeting was to review the company's achievements, developments, research, and studies conducted during the recent period.
During the meeting, the board members were updated on the progress of the joint network, as well as the results of engineering design reviews and system studies. These studies provide engineering solutions aligned with international standards and are designed to meet the challenges of local environmental conditions.
The board also discussed the company's efforts to ensure the application of international best practices and the adoption of the latest technologies and systems to develop an integrated railway network. These measures guarantee smooth train operations and facilitate seamless border crossings, meeting the requirements for rapid and efficient transportation of passengers and goods.
In February 2023, Oman-Etihad Rail Company signed a cooperation agreement with Mubadala Investment Company, a sovereign investor in Abu Dhabi. This partnership reflects both parties’ commitment to exploring investment opportunities and expanding cooperation in the railway sector, supporting, and accelerating the preparatory work and completion of the UAE-Oman Railway Network project's implementation plan.
