Hyperloop projects in Dubai and Abu Dhabi are racing ahead of global concepts for the ultra high-speed transport technology.
READ MORE: Construction on world's first hyperloop system to begin in Abu Dhabi next year – https://bit.ly/2Q1B0am
In October 2018, Hyperloop Transportation Technologies (Hyperloop TT) said that construction on the world’s first commercial hyperloop system – located in UAE capital Abu Dhabi – will begin in Q3 2019. Dar Al-Handasah will lead the project design of Hyperloop TT's project, with the founding member of Dar Group also joining as the latest investor in Hyperloop TT.
The news comes months after Hyperloop TT signed a memorandum of understanding with Abu Dhabi-listed Aldar Properties that will allow for the creation of a commercial hyperloop track, as well as Hyperloop TT’s XO Square Innovation and Hyperloop Experience Centres.
But Hyperloop TT is not the only company in this technology space – Virgin Hyperloop One, which counts Dubai's DP World among its investors, has also witnessed notable progress this year in the UAE and across the wider Middle East.
Days before Virgin Group founder Sir Richard Branson stepped down from his role at the company, Virgin Hyperloop One told Construction Week that its project in Saudi Arabia had not been 'cancelled', contrary to reports by international media such as the Financial Times.
Virgin Hyperloop One's update came days after it told Construction Week that it was eyeing the development of a GCC-wide network, and considering the launch of its first non-US office in Dubai.
In this episode of Construction Week In Focus, Neha Bhatia and Oscar Rousseau, editor and deputy editor of Construction Week, provide a progress update report about hyperloop projects in the UAE and the Middle East.
* Virgin Hyperloop One says project in Saudi Arabia not 'cancelled': https://bit.ly/2D4w4Om
* China joins UAE in race to build hyperloop network: https://bit.ly/2uX5UHy
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This video is brought to you by Concrete Industries Complex (CIC).