Etihad Rail signs MoU with Fujairah-based National Quarries
Fujairah construction supplier partners with Etihad Rail to distribute its products across the UAE and GCC
National Quarries enters agreement with Etihad Rail to distribute its products across the region.
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Etihad Rail has signed a Memorandum of Understanding with National Quarries, a Fujairah-based aggregate and construction material supplier, for the latter to use the rail network to distribute its products across the UAE and region.
According to WAM, the 1,200 km railway network will provide National Quarries with a cost-effective transport solution to achieve faster transit times, increased capacity, and reduced logistics costs.
“As for any company in our sector, logistics is one of the biggest operational costs,” said Hamad Ali Saif Lootah, Chairman of Al Jazeera Investment Co., owner of National Quarries, quoted in the statement. “Etihad Rail will provide us with a more economical and reliable transport system that will greatly benefit our operations as we continue our regional expansion.”
The $11 billion Etihad Rail will cater to freight and passengers when operational, and will form a part of the GCC railway network, linking the UAE to Saudi Arabia via Ghweifat in the west and to Oman via Al Ain in the east.
