First 10km of UAE hyperloop ‘ready in 2020’

The project billed as the world’s first commercial hyperloop system is on course to open its first 10km section next year in Abu Dhabi, United Arab Emirates (UAE). In an interview Bibop Gresta, chairman of Hyperloop Transportation Technologies, told Emirates News Agency that the average cost would be $20-40m per km. Despite the cost, he is confident that the scheme – which will eventually run for 150km between Abu Dhabi and Dubai – will pay for itself in “eight to 15 years”. “It will be paying for itself
January 29, 2019 Read time: 2 mins

The project billed as the world’s first commercial hyperloop system is on course to open its first 10km section next year in Abu Dhabi, United Arab Emirates (UAE).

In an %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external interview false http://wam.ae/en/details/1395302733154 false false%> Bibop Gresta, chairman of 8535 Hyperloop Transportation Technologies, told Emirates News Agency that the average cost would be $20-40m per km.

Despite the cost, he is confident that the scheme – which will eventually run for 150km between Abu Dhabi and Dubai – will pay for itself in “eight to 15 years”.

“It will be paying for itself and then it will be generating profits for the country,” he said. “So it is not only fast but also very efficient."

The system uses electro-magnetic levitation engineering to carry pods at high speeds, thus reducing journey times considerably.

Gresta said that a capsule which will be deployed on the project is being tested in Toulouse, France, on a prototype track before being used in the UAE.

"Hyperloop can quickly become profitable. It presents the ability to build a mass transit system that would not require government subsidies," he added.

For more information on companies in this article

Related Content

  • Speed limiters mandatory in EU cars by 2022
    March 28, 2019
    Various vehicle safety measures have been given the green light by European policymakers, paving the way for speed limiters in cars by 2022. The European Parliament, Council and Commission have approved the measures, which means such technology as lane assist, drowsiness detection, advanced emergency braking and intelligent speed assistance (ISA – or speed limiters) are expected to be mandatory – if formal approval is granted - in new vehicles in three years’ time. EU commissioner Elżbieta Bieńkowska, res
    Read More
  • Intertraffic Mexico 2017 will emphasize tomorrow’s mobility challenges
    November 14, 2017
    Over 5,000 industry professionals are expected to attend the second edition of Intertraffic Mexico, held in Citibanamex from 15-17 November 2017. Exhibitors from 47 countries will showcase their latest products and solutions within infrastructure, traffic management, parking, safety and smart mobility. It is set to highlight the best practises from the mobility industry with 180 companies on the show floor. Organised by RAI Amsterdam and E.J. Krause Tarsus de Mexico (KTdM), the event stimulates the
    Read More
  • IBTTA Transportation Policy & Finance Summit
    January 22, 2016
    The International Bridge, Toll and Turnpike Association (IBTTA) Transportation Policy and Finance Summit will be held in Washington, DC on 13-15 March, bringing together individuals interested in transportation funding, road user charging (RUC) finance and policy to address the most effective ways to improve mobility in a constrained resource environment.
    Read More
  • Irdeto and Conjure promote Keystone vehicle access solution
    March 19, 2018
    Irdeto and Conjure are using Intertraffic to present what they claim is the most secure, policy-based vehicle access and safety solution in the connected transport industry. Using a mobile device with a companion application, the solution eliminates the need for physical keys to a car while also providing car and fleet owners with the ability to securely and intuitively provision and manage a host of new car sharing/car riding experiences. Keystone combines secure, tamper-proof policy management that
    Read More

Highlighted Content