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MENAFN - Khaleej Times - 11/05/2014
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(MENAFN - Khaleej Times) The agreement will serve as a partnership between both parties and will enhance the relationship and long-term collaboration that will ultimately promote and lead to the successful economic development of the railway industry in the uae and saudi arabia.

the deal will boost the relationship and long-term collaboration between etihad rail and saudi railway company. — supplied photo

etihad rail — the developer and operator of the uae’s national railway network — signed a memorandum of understanding with saudi railway company or sar that will enhance collaboration and coordination for the rail industry among gcc members.

signed by eng faris saif al mazrouei acting ceo of etihad rail and sar ceo dr rumaih bin muhammad al rumaih the mou seeks to introduce common solutions leverage best practice and allow for the free exchange of ideas and knowledge to improve the safety efficiency and economy of both countries’ railways networks.

the agreement will serve as a partnership between both parties and will enhance the relationship and long-term collaboration that will ultimately promote and lead to the successful economic development of the railway industry in the uae and saudi arabia. committees including representatives from both parties will be created and collaborative meetings seminars and workshops will be held on a regular basis.

eng al mazrouei said: “we are proud to announce this important mou with sar. we already work closely with our gcc neighbours in an effort to ensure that technical standards and technology for the railway network in the gcc are consistent and this agreement will pave the way for greater cooperation collaboration and the exchange of knowledge with sar.”

“we can greatly benefit from saudi arabia’s pioneering experience particularly given that both etihad rail and sar share common goals and aim to leverage the latest technology and the highest standards of safety and to provide the most sustainable services in the transportation field.“

he added: “work on the uae’s national railway is progressing on schedule and etihad rail believes that forming strong relationships with stakeholders of all railway projects in the gcc will further contribute to the success of the operation of the rail as well as provide a secure link between the uae and its neighbours. we are pleased that the completion of stage one of etihad rail also represents the completion of the first stage of the main gcc line.”

dr al rumaih said: “establishing such relations and cooperation with etihad rail will improve both projects’ executional mechanism and operations efficiency in the future not only for saudi arabia and the uae but for all gcc countries. this will contribute to creating an attractive market environment for rail and open doors to compete with other means of transportation especially for freight and heavy haul.”

he also said that “sar had built through the last eight years an extensive experience in both railway projects and operations that our partners across the gcc can benefit from.

the scale of the whole saudi railway networks between cities is more than 7200km. sar is taking a big portion of that by projects of more than 4500km.”

etihad rail works closely with key stakeholders throughout the uae as well as the gcc members through the gcc secretariat-general with shared goals aspirations and business objectives to deliver the railway professionally efficiently and on schedule.


 


Khaleej Times




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