JOC Staff | Nov 26, 2012 3:32PM EST
Etihad Rail, developer and operator of the United Arab Emirates’ national railway, recently signed a memorandum of understanding with Sharjah Cement Factory, a subsidiary of Sharjah Cement & Industrial Development Company, marking the first prospective customer for the Stage Three section of the rail network.
Under the agreement, Sharjah Cement Factory will use the railroad to transport basic raw materials to its plant and cement to customers throughout the country, with volume estimated at five million metric tons annually.
The arrangement was signed by Nasser Saif Al-Mansoori, CEO of Etihad Rail, and Ahmad Abdalla Al Noman, chairman of Sharjah Cement Factory.
