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FinancialNews
07-02-18
Abu Dhabi to launch rail system project on Yas Island in 2020
(MENAFN) The launch of the first stage of an overhead rail system on Yas Island in Abu Dhabi that will link two theme parks was scheduled to take place by 2020.
CEO of Miral Asset Management Mohammed Al Zaabi declared "the first phase of this innovative transport system will connect Ferrari World Abu Dhabi with Warner Brothers and will be operational in 2020."
He continued "it will take around one minute only to move from Ferrari World Abu Dhabi to Warner Bros, and the interesting part is that the entire commute happens indoors."
Miral and US company skyTran Inc have signed a deal in 2016 to conduct a research for a personal rapid transit system (PRT) on Abu Dhabi's Island.
MENAFN0702201800450000ID1096440172
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