Energy Minister: 22% of non-oil trade transported by road

FILE PHOTO

Minister of Energy and Infrastructure, Suhail bin Mohammed Al Mazrouei, said 22 per cent of the UAE's non-oil trade was transported by road in 2023, amounting to AED 576.4 billion.

Al Mazrouei said the improvement of the country's railway system will boost its role as a key driver in the transport sector. He also stated that the transport sector in the UAE actively contributes to the growth of intra-trade and cargo transport, adding that the development of the railway system will bolster its competitive position in this vital sector.

The UAE Railway Programme plays a pivotal role in shaping the sector's path for years to come, as the programme includes the development of a national network of railway projects connecting the seven emirates, major cities, ports, and industrial areas in the UAE, the official said. 

He mentioned that the Etihad Rail Project is experiencing steady growth in operational activities regarding cargo volume and quality services for a broad range of companies.

The passenger transport phase, set to begin operations at the end of 2025, will connect all the emirates and key tourist areas across the country.

This would contribute to creating economic opportunities and jobs in the railway and supporting sectors.

He also pointed out that the Hafeet Rail Network project, connecting the UAE and the Sultanate of Oman, will establish the fastest railway link between the two countries, with significant participation from banks in financing this strategic initiative.

“This project is based on promising economic foundations, and we look forward to connecting with other Gulf Cooperation Council countries to enhance prosperity, development, and growth,” he said.

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