Abu Dhabi: Etihad Rail, the developer and operator of the UAE’s national railway network has signed a memorandum of understanding (MoU) with ZonesCorp for the joint planning of railway and logistics facilities within the Industrial City of Abu Dhabi (ICAD).
Etihad Rail CEO Dr. Nasser Al Mansouri and ZonesCorp CEO Mohammad Hassan Al Qemzi, signed the MoU in the presence of Nasser Ahmad Al Suwaidi, Chairman of the Department of Economic Development, Chairman of Etihad Rail, and Chairman of the Higher Corporation for Special Economic Zones (ZonesCorp).
The MoU outlines the collaboration between the two parties to integrate the rail network and terminal within the ICAD IV industrial area.
The Abu Dhabi Emirate’s largest multimodal terminal will be centred within ICAD IV to cater to ICAD IV’s surrounding industrial and logistics customers. Strategically located in proximity to Abu Dhabi City, major transportation gateways, and logistics hubs, ICAD IV and the rail terminal within will increase industrial contribution to the Emirate’s GDP and contribute to economic diversification, in line with Abu Dhabi Economic Vision 2030 and UAE Vision 2021.
Commenting on the MoU, Dr. Nasser Al Mansouri, CEO of Etihad Rail, said: “Etihad Rail is part of a wider vision to drive economic growth and development in the UAE. The rail network will assist in integrating the supply chains for the UAE and GCC’s producers and consumers, bringing geographic markets closer together. This is in line with ICAD IV’s development plans as a logistics hub, concentrating a substantial amount of bulk and intermodal cargo in one key location. We look forward to continuing to work closely with ZonesCorp on a project that will bring such substantial benefits to the UAE.”
Upon completion, the Etihad Rail network, which will cater to both freight and passengers, will span approximately 1,200 kilometres across the Emirates. It will connect urban and peripheral communities, facilitate trade, open up communication channels and foster economic development across all Emirates in the UAE. The network will also form a vital part of the GCC Railway Network, linking the UAE to Saudi Arabia via Ghweifat in the west and Oman via Al Ain in the east.
