Arab Today, arab today etihad rail signs mou with zonescorp
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Etihad rail signs MoU with ZonesCorp

Arab Today, arab today

Arab Today, arab today Etihad rail signs MoU with ZonesCorp

Abu Dhabi - WAM

Etihad Rail, the developer and operator of the U.A.E.'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 Mansoori and ZonesCorp CEO Mohammed Hasan Al Qemzi, signed the MoU in the presence of Nasser Ahmed Alsowaidi, 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 close 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 Mansoori, 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." Mohammed Hasan Al Qemzi, CEO of ZonesCorp, said "Our partnership with Etihad Rail is an important milestone for ZonesCorp in our mission to support Abu Dhabi's economic development. The around 600 industrial projects in ICAD will benefit from integrated solutions via the Etihad Rail terminal, as it will cater to demand for high-quality logistics services and further promote ICAD as an attractive industrial investment destination." Al Qemzi continued: "The rail terminal will be an added value for our investors in both the industrial and automotive sectors, supporting exports to regional and international markets by reducing transit and processing times for goods, and therefore making their operations more effective on the whole. We are honoured to be part of the strategic UAE railway project, and to work hand in hand with Etihad Rail towards a shared goal of sustainable economic growth in 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.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etihad rail signs mou with zonescorp Arab Today, arab today etihad rail signs mou with zonescorp

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etihad rail signs mou with zonescorp Arab Today, arab today etihad rail signs mou with zonescorp

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday