The UAE and Oman have signed a memorandum of understanding with one of the world's largest mining firms, Vale, to utilize the rail project in the mining sector.
According to Arab News, the MoU seeks to explore the use of iron ore transport by rail between Oman and the United Arab Emirates, which would connect the Sahar Port and the Vale industrial complex in the free zone to its UAE counterpart. Connects to industrial complex.
Ahmed Al-Masawi Al-Hashemi said that the MoU highlights the interest of customers in using the UAE Oman Railway network, benefiting from its high-speed, sustainable, reliable and affordable services.
The signing ceremony was attended by the Minister of Energy and Infrastructure, Sohail bin Mohammed Al Mazrouei, Chairman of Oman and Etihad Rail Company, and the Ambassador of Brazil to the United Arab Emirates.
"This agreement is in line with our desire to continue working with major companies in the UAE and the Sultanate of Oman and establish a strategic partnership that will support economic growth and investment in both countries," Sohail Al Mazrouei said in a statement. will
Commenting on the MoU, Rogerio Noguera, Director of Business Development at Vale said, “This agreement is in line with Vale's plans to develop industrial complexes in the UAE and Oman to produce low-carbon products for the steelmaking industry. supports'.
He said, "Vail's partnership with Oman and Etihad Rail Company will strengthen the development of the regional logistics sector that will enable various economic and commercial activities and create new employment opportunities and provide high-quality transport solutions." It provides many benefits including'
Vale, headquartered in Brazil, is one of the world's largest mining companies with operations on five continents.
