10
Jun
14:37
UAE rail network construction advances further
Construction on Package D of Stage Two of the Etihad Rail network can now begin after the contractors carrying out the work secured $558 million of working capital financing from HSBC, the bank tells Kallanish.
A joint venture between China Railway Construction Corporation (CRCC) and United Arab Emirates’ National Projects and Construction (NPC) company was awarded the contract in December.
Package D involves the construction of a 145km railway line connect…
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