capsules are 30 meters in length and can carry 28 to 40 passengers.
UAE development firm Aldar Properties has signed an agreement with Hyperloop Transportation Technologies with the aim of developing commercial Hyperloop services in the UAE.
HyperloopTT’s plans include construction of the Hyperloop line in several phases, starting within 10 kilometers and potentially leading to the creation of a Hyperloop network “across the Emirates and beyond”.
Bibop Gresta, Chairman of HyperloopTT, said that the agreement creates the basis for the first commercial Hyperloop system in the world in Abu Dhabi. “With regulatory support, we hope the first section will be operational in time for Expo 2020,” he added.
The two companies also intend to develop a Hyperloop R&D centre, a public demonstration and visitor centre, and an innovation hub.
Talal Al Dhiyebi, CEP, Aldar Properties, said: “We are delighted to be working with HyperloopTT as they look to bring one of the world’s most revolutionary transportation technologies to Abu Dhabi.
“Alghadeer sits at such a strategic point within the UAE – close to major growth areas of both Abu Dhabi and Dubai, that it makes sense to pair it with rapid transport opportunities.”
Aldar and HyperloopTT will be competing with Virgin’s Hyperloop One which is developing a network to shuttle passengers between Dubai and Abu Dhabi in as little as 12 minutes.
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