Etihad Rail awards $410m deal for UAE’s national railway

Contract for 139km stage is awarded to a joint venture between the China State Construction Engineering Corporation and South Korea’s SK Engineering and Construction
Etihad Rail, the developer and operator of the UAE national railway, has approved package A of the stage two tender award, worth AED1.5 billion ($410 million).

Source: UAE News: Etihad Rail awards $410m deal for UAE’s national railway – ArabianBusiness.com