Country: UAE, Project Value: USD 7,000,000,000, Sector: Infrastructure | Metro, Consultant: Mott MacDonald (Study), PMC: Fluor Mideast, Location: Abu Dhabi, UAE, Contract Type: Construction, Facility Type: Metro rail, Capacity: 131 km long (estimated), Owner: Abu Dhabi Department of Transport
Officials yesterday revealed updated transport plans for the capital that include a light rail network downtown, dedicated bus lanes with double the buses and stops every 300 metres, 8,000 taxis by next year and water transport to Reem Island and the Corniche by late 2013.
TECH AND GADGETS
Abu Dhabi is taking steps to reassess its 2030 Economic Vision, acknowledging slower economic and population growth due to the impact of the global financial crisis, a government bond prospectus revealed in August. The plan is a blueprint for diversifying the emirate's economy away from oil. Dubai has dropped financial services and construction as its core focuses for expansion under the Dubai Strategic Plan (DSP) 2015, it emerged in a government bond prospectus released last week.
FASHION AND TRENDS
The preliminary design for an Abu Dhabi metro and downtown light-rail transit (LRT) that will travel at a maximum speed of 100kph is planned for a summer 2012 unveiling. Construction on the 266-kilometre first stage of the Etihad Rail network between Habshan and Ruwais is to begin early in 2012
Rail passengers will be waiting until at least 2020 to travel on the UAE’s national rail network — two years after it is to be completed in 2018, the country’s regulators said on Tuesday.
Abu Dhabi-based Miral has unveiled a $3.27 billion (AED12bn) master development on Yas Island that be home to 15,000 people and 10,000 working professionals. The...