Qatar's railway projects are estimated to top all GCC countries, with an estimated $41.8billion in the pipeline, creating significant country growth, investment and job opportunities for nationals. Across the GCC as a whole, as much as US$149 billion worth of rail projects are in the planning or construction stages over the next decade, according to the Zawya report. In fact, among the GCC countries Qatar remains one of the most buoyant in this section, particular with ongoing projects at various stages of development, many of which are scheduled to be ready in time to host the Qatar 2022 FIFA World Cup.
Rail projects include national and inner-city railway systems, some of which will ultimately converge to form part of the ambitious GCC Rail project, which aims to unify the region and enhance connectivity and freight movement.
The project is expected to generate significant employment for GCC nationals, promote social integration and economic development, advance the GCC initiatives on the common market and facilitate trade. It will also support building national railway industries in the GCC member states, alleviate congestion and reduce maintenance costs on roads.
Zawya
16 September