Economy News

UAE high-speed train to boost GDP by $39.5bn

The UAE’s high-speed train project connecting Abu Dhabi and Dubai is set to deliver significant economic impact, contributing an estimated $39.5bn to the nation’s GDP over the next 50 years. The project is expected to act as a catalyst for enhanced economic activity and social connectivity.

The high-speed rail network, which aims to revolutionise travel between the two emirates, will feature six key stations: Reem Island, Saadiyat Island, and Yas Island in Abu Dhabi, as well as stations near Al Maktoum International Airport and the Jaddaf area in Dubai. The project is a cornerstone of the UAE’s broader goals under the Net Zero 2050 Strategic Initiative.

The inaugural passenger train fleet will accommodate approximately 400 passengers and offer family-friendly amenities. The service will integrate with existing metro and bus networks through stations in Abu Dhabi, Dubai, Sharjah, and Fujairah, creating a comprehensive transportation system.

Gulf Economist Staff Writer