GCC railway project completion expected by end of 2030
Deal News | Jan 30, 2025 | Zawya
The Gulf Cooperation Council (GCC) railway project is set to be completed by the end of 2030, according to a report from Kuwait's Public Authority for Roads and Transportation (PART). The project, covering a 2,177-kilometer stretch from Kuwait to Muscat, Oman, aims to enhance economic ties among GCC countries, promote investment, and reduce transportation costs and environmental impact. PART has listed 11 economic feasibility goals, including fostering economic exchanges, reducing costs, preventing traffic accidents, and creating job opportunities. Notable progress includes a Turkish company winning the KD 2.4 million tender for the design and preparatory work for the initial segment in Kuwait. The 265-kilometer section in Kuwait is divided into two phases, with the first to span Nuwaiseeb to Shaddadiya and feature four stations. Upon completion, the railway is expected to spur economic development in adjacent areas and tie together the Gulf. Further extensions to Iraq are contingent on reaching agreement with northern neighboring countries.
Sectors
- Transportation Infrastructure
- Economic Development
- Environmental Sustainability
Geography
- Kuwait – Kuwait is a key participant in the GCC railway project, with significant developments outlined in the article.
- Gulf Cooperation Council (GCC) – The GCC railway project involves all GCC countries, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.
- Iraq – Potential future extensions of the railway project include a link to Iraq contingent on agreements with northern countries.
Industry
- Transportation Infrastructure – The article discusses the development and goals of the GCC railway project, which falls under transportation infrastructure.
- Economic Development – The GCC railway project's goals include boosting local and regional economic exchanges and opening up investment areas, thus aligning with economic development.
- Environmental Sustainability – One of the goals of the railway project is to reduce carbon emissions by decreasing the number of trucks on the road.
Financials
- KD 2.4 million – The cost associated with the Turkish company contract for the study, design, and tender documentation for the first phase of the Kuwait section of the GCC railway project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Public Authority for Roads and Transportation (PART) | Project Managing Authority | Government | PART is responsible for overseeing the economic feasibility and implementation of the Kuwait section of the GCC railway project. |
| Turkish Company (unnamed) | Design and Study Contractor | Company | This company won the tender for executing the study and design of the Kuwait section of the GCC railway project. |
| Gulf Cooperation Council (GCC) | Regional Association | Government | GCC is a regional political and economic union of Arab states in the Persian Gulf, involved in the railway project. |