Industry: railway Transportation Region: United Arab Emirates Transaction price: $1 million Transaction method: equity financing
Brief introduction:
Planned for three phases of 1,200km, the UAE rail project is an important part of the Gulf rail network.
The first phase of the line has been completed. It is used for the transportation of materials in mining areas and ports, and the railway operating vehicles are all provided by the Chinese side.
Currently under construction, the second phase of the line operating vehicles, will connect the regional trade center, industrial center, manufacturing center, production center, logistics center, population center and import and export points to provide railway logistics transportation equipment support.
The uae Railway Phase II project contracts for more than 1,600 full wagons and long-term maintenance services, with a total value of about 350 million US dollars.