Friday, January 14, 2011

Gulf to spend $100 bln on rail

Gulf Arab states are spending more than $100 billion on rail projects across the region as they tackle poor public transports networks and growing populations.The six oil and gas producers of the Gulf Cooperation Council (GCC) seek to create a similar model to Europe's high-speed rail system, with plans to extend the estimated 1,940 kilometre network even to Yemen in the South of the Arabian

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